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: Unacademy, Spinny, Slice, Purplle, Grey Orange, Turtlemint, dunzo, Carbon Clean, Classplus, Servify, Smallcase, Exotel, Lambdatest, BatterySmart, Pixxel, Jai Kisan, Locus, Koo, Cashify, Healthifyme, IntrCity amongst other rising stars. Karthik's active board representations (Director | Observer) include (as of Dec 2023): Grey Orange, Servify, smallcase, Exotel, HealthifyMe Blume's biggest exits to date include: TaxiforSure (to Ola), 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),