India: We don’t want to lose money by investing too much in one startup, say Blume Ventures founders

Sanjay Nath and Karthik Reddy, founders of Blume Ventures. Photo: Abhijit Bhatlekar/Mint

A new phenomenon is taking shape in the venture capital space in which venture investors targeting seed stage or pre-series A funding, avoid investing in spaces or themes in which larger funds like SoftBank, Tiger Global or Tencent have invested, due to the competitive advantage these firms bring with them.

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