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.”

Next Story
Infrastructure Urban

KEI Industries Faces Rs 80 Mn Daily Loss Amid Wage Dispute

KEI Industries Limited, one of India's prominent manufacturers of wires and cables, is encountering significant financial challenges, with reported losses amounting to Rs 8 crore per day. The company's operations have been severely impacted by a wage dispute, exacerbating its financial woes amidst broader economic pressures. The wage row has led to disruptions in KEI Industries' production and operational efficiency, affecting its ability to meet market demands and maintain profitability. This situation underscores the critical nature of resolving labour disputes swiftly to mitigate adverse i..

Next Story
Infrastructure Urban

Hyderabad Aims for World-Class Status

Telangana Chief Minister K Chandrasekhar Rao emphasized the state government's commitment to developing Hyderabad into one of the world's best cities. During a recent event, Rao highlighted several key initiatives aimed at enhancing the city's infrastructure, urban planning, and overall quality of life. He noted that the government's comprehensive approach includes substantial investments in various sectors to ensure sustainable growth and development. Rao detailed plans for significant improvements in transportation, including the expansion of metro rail services, upgrading road networks, an..

Next Story
Infrastructure Urban

Ferrari's First Electric Car Debuts

Ferrari is set to launch its first fully electric vehicle (EV), with a price tag exceeding $500,000, as reported by industry sources. This move marks Ferrari's entry into the electric vehicle market, aligning with the global shift towards sustainable mobility and reducing carbon emissions. Ferrari, electric vehicle, $500,000, sustainable mobility, carbon emissions. The new electric Ferrari, expected to debut in 2025, promises to uphold the brand's legacy of high performance and luxury. The vehicle will feature advanced technology, ensuring it delivers the iconic Ferrari driving experience desp..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000

Join us Telegram