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Private SectorProject Information proposal for Blume Ventures GIFT Fund V – Nationwide Venture Capital Investment Fund, India (USD 15 Million) INR 1.50 Cr INR 15 Mn
07-Sep-2026
PID : 70284 Multi State-India

Project detail: 

The project involves an equity investment of up to USD 15 million in Blume Ventures GIFT Fund V. The fund, together with Blume Ventures India Fund V, will be managed by Blume Venture Investment Manager LLP. It will provide early-stage growth capital to technology and technology-enabled companies operating primarily in India, with strong growth potential and the ability to serve Indian customers or address global challenges using Indian capabilities. Priority investment areas include financial services, edtech and healthtech, supporting innovation, technological advancement, employment and broader economic participation. 

Project Cost: USD 15 million (proposed ADB equity investment) 

Note: please download project document attached to this project for more information.

 

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