Blume Ventures requires portfolio firms to maintain Indian accounts, reduce foreign market exposure following SVB collapse

  • Blume Ventures is requesting that their portfolio firms hold Indian accounts and reduce their exposure to foreign markets in response to the collapse of the US lender.
  • According to partner Ashish Fafadia, Blume Ventures is attempting to secure capital for their firms whose funds were impacted by the collapse.
  • Blume Ventures states that they manage around $600 million.


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