With an aim to join the 'Start-up India' initiative of the Government and partner with the eco-system for nurturing innovation and start-ups in the mobility space, Bridgestone India has announced its partnership with Blume Ventures.
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, which fits into Bridgestone’s interest in creating a vibrant mobility solutions space in India.
Parag Satpute, Managing Director, Bridgestone India, said, “The corporate venture partnership will allow us to accelerate our strategy of exploring new and disruptive models in the mobility eco-system.”
Sanjay Nath, Co-Founder and Managing Partner, Blume Ventures, said, “Thanks to an increasing reality of IPO and M&A exits, there is a huge resurgence of founders and operators.”
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