Blume Venture Advisors - Setup of their fifth venture capital fund
Khaitan & Co Acted as the legal counsel and advised Blume Ventures in the setup of their fifth venture capital fund in India and GIFT IFSC. The fund will invest in early-stage Indian and cross-border ventures with investments across Health-tech, B2B AI, Consumer, Fin-tech and Deep-tech. The fund has raised USD 175 million in its first close from institutional investors, multilateral institutions, corporates, and family offices.