
Co-founder & Managing Partners
Blume Ventures
Karthik Reddy is the Co-founder and Managing Partner at Blume Ventures, one of India’s leading early-stage venture funds with over US$900 million in AUM. Blume invests in emerging tech and tech-led innovation from Seed to Series A and supports its standout portfolio companies through growth rounds. Over the past 15 years, Blume has backed over 175 startups across four core funds and is currently deploying from its new Fund V.
At Blume, Karthik has led investments in and serves on the boards of several top portfolio companies, including Smallcase, Servify, Ultrahuman, LeverageEdu, Niqo Robotics, Unacademy, GreyOrange, Stage, Exotel, IDfy etc., amongst other rising stars.
Karthik has also held several leadership roles in shaping India’s venture ecosystem. He served as Chairperson of the Executive Committee (2022–24) and Vice Chair (2020–22) at the IVCA (Indian Venture and Alternative Capital Association) - India's apex association for Venture & PE funds, collaborating with the Indian government on policies for Alternative Investment Funds. He has also been a member of SEBI’s AIPAC (Alternative Investment Policy Advisory Committee) and the NSAC (National Startup Advisory Council), chaired by the Minister of Commerce and Industry. With prior roles at American Express Bank, Instinet (Reuters-owned), and Bennett, Coleman & Co. Ltd. (Times Group), Karthik brings diverse experience in financial markets, technology, and media across the US and India.