Being institutional investors, it is easy for us to often get into a formal relationship with an entrepreneur. We are not directly responsible for the functioning of a startup and having a monthly or quarterly update cycle works reasonably well for the purpose of exchanging notes. The reality of the venture capital industry is that very few investors take the effort to build any sort of personal rapport with the founders. Unfortunately, this has become the default expectation from an investor in India.
The team at Blume is, however, wired differently. Being entrepreneurs ourselves, we believe if we are not at the top of an entrepreneur’s mind in any random emergency situation, then we are not really doing our job. Each of our team members is known for going out of his way to help the founders. It is not a coincidence, therefore, that we are often referred as the #MostLovedVC. Don’t believe us? See what our founders say: