The first opportunity fund raised by Blume Ventures closes at $25 million.

The new opportunity fund of early-stage venture capital company Blume Ventures has made its first closing at Rs 200 crore (about $25 million).

Exotel, Grey Orange Robotics, Smallcase, Slice, and Unacademy are just a few of the firms that Blume has sponsored.

Investors in Blume’s previous funds make up the new opportunity fund’s limited partners.