Karthik Reddy

Managing Partner at Blume Ventures

Mumbai, Maharashtra

Overview

Karthik Reddy is the Managing Partner at Blume Venture Advisors in Mumbai, Maharashtra. With a background in investment banking and strategic planning, he has successfully invested in a variety of startups like LightFury Games and IDfy, showcasing expertise in venture capital and corporate development. Reddy's career highlights include co-founding Blume Ventures and holding key positions at reputable companies like Bennett Coleman & Co. Ltd and Deccan Chronicle Holdings, demonstrating a strong track record in strategic planning and investment banking.

Work Experience

Blume Ventures

Co Founder and Managing Partner
2010 - Current
Building Blume since 2010 Blume focusses on Seed to Pre Series A startups born out of India and continues to back our best portfolio companies through the growth stages. 4 Primary Funds: Fund I (2011-15) $20M, Fund II (2015-18) $60M, Fund III (2018-21) $102M, Fund IV (2021-22 closing) $290M Opportunity Funds and Secondary Funds (2018-23) ~ US$170M AUM Blume's biggest winners include: Purplle, Spinny, Unacademy, Slice, Grey Orange, Turtlemint, Carbon Clean, Ultrahuman, LeverageEdu, Servify, Smallcase, Classplus, Exotel, Lambdatest, BatterySmart, Pixxel, Jai Kisan, Locus, Cashify, Healthifyme, IntrCity, Stage, AtomicWork, Bureau amongst other rising stars. Karthik's active board representations (Director | Observer) include (as of Dec 2023): Grey Orange, Servify, Ultrahuman, LeverageEdu, smallcase, Exotel, Stage, Bureau, HealthifyMe Blume's biggest exits to date include: TaxiforSure (to Ola), GreytHR (to Apax Partners) Runnr (to Zomato), Agara (to Coinbase), Minjar (to Nutanix), Mettl (to Mercer Consulting), Zipdial (to Twitter), Superset (to Byjus | Great Learning), Promptec (to Havells), Threadsol (to Coates), and the IPOs of E2E Networks and Infollion.