Blume Ventures collaborates with Bridgestone India
ECONOMY & POLICY

Blume Ventures collaborates with Bridgestone India

In order to take advantage of India's thriving start-up community in the mobility solutions sector, Blume Ventures, India's top domestic venture, has partnered with Bridgestone India, a division of the Bridgestone Group, a global leader in tyres and rubber that offers solutions for safe and sustainable mobility. The collaboration with Blume Ventures aims to become a part of the government's "Start-up India" initiative and work with the ecosystem to support innovation and start-ups in the mobility sector.

Bridgestone India made the decision to collaborate with Blume Ventures, a company that supports businesspeople who are creating products to address significant challenges in India or exporting the best of Indian innovation to foreign markets. The diverse mandate extends from EdTech, FinTech, Health, Commerce and Consumer internet in the former to Deep-Tech, AI to SaaS and enterprise software in the latter category. Blume focuses on early-stage, innovative technology-led start-ups. This fits into Bridgestone’s interest in creating a vibrant mobility solutions space in India.

“Bridgestone India’s partnership with Blume Ventures will deepen and widen our innovation strategy and will nurture our leadership role in the introduction of new mobility services. The corporate venture partnership will allow us to accelerate our strategy of exploring new and disruptive models in the mobility eco-system. As a partner, Bridgestone brings its global leadership position to the Indian market and to India’s growing start-up space.”, said Mr. Parag Satpute, Managing Director Bridgestone India.

Sanjay Nath, Co-Founder and Managing Partner at Blume Ventures said “We are grateful to our anchor supporters who have emphatically backed Blume. Whether building domestically or for global markets, the best founders and LPs would like to work with a Fund that can be considered world-class, which has spurred us to keep institutionalising and bolstering our platform, team and capabilities. Thanks to an increasing reality of IPO and M&A exits, there is a huge resurgence of founders and operators. We’re excited for Blume to become the preferred seed partner of choice for both these categories.”

In order to take advantage of India's thriving start-up community in the mobility solutions sector, Blume Ventures, India's top domestic venture, has partnered with Bridgestone India, a division of the Bridgestone Group, a global leader in tyres and rubber that offers solutions for safe and sustainable mobility. The collaboration with Blume Ventures aims to become a part of the government's Start-up India initiative and work with the ecosystem to support innovation and start-ups in the mobility sector. Bridgestone India made the decision to collaborate with Blume Ventures, a company that supports businesspeople who are creating products to address significant challenges in India or exporting the best of Indian innovation to foreign markets. The diverse mandate extends from EdTech, FinTech, Health, Commerce and Consumer internet in the former to Deep-Tech, AI to SaaS and enterprise software in the latter category. Blume focuses on early-stage, innovative technology-led start-ups. This fits into Bridgestone’s interest in creating a vibrant mobility solutions space in India. “Bridgestone India’s partnership with Blume Ventures will deepen and widen our innovation strategy and will nurture our leadership role in the introduction of new mobility services. The corporate venture partnership will allow us to accelerate our strategy of exploring new and disruptive models in the mobility eco-system. As a partner, Bridgestone brings its global leadership position to the Indian market and to India’s growing start-up space.”, said Mr. Parag Satpute, Managing Director Bridgestone India. Sanjay Nath, Co-Founder and Managing Partner at Blume Ventures said “We are grateful to our anchor supporters who have emphatically backed Blume. Whether building domestically or for global markets, the best founders and LPs would like to work with a Fund that can be considered world-class, which has spurred us to keep institutionalising and bolstering our platform, team and capabilities. Thanks to an increasing reality of IPO and M&A exits, there is a huge resurgence of founders and operators. We’re excited for Blume to become the preferred seed partner of choice for both these categories.”

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement