Blume Ventures co-founder Karthik Reddy talks of how far he has come in returning money to his investors, 10 years since his first fund, and lessons along the way.
Karthik Reddy is transparent to a fault. I have known him for some six years, and for the last four, most of our conversations have been about if and how Karthik will return money to his investors. Those who’d invested $20 million in his first fund, the one he raised in 2010 from several high-net-worth individuals in India.
He wasn’t a name then. A first-time fund manager, Karthik’s experience of investing came from his Mumbai Angels days, which suggests no outstanding quality in itself, except the privilege of being part of an elite club. Still, he and his co-founder, Sanjay …
Ashish is the editor-in-chief of The Morning Context. One of the best-known business feature writers in India, he was selected for Germany’s Robert Bosch Stiftung Fellowship in 2012 and received the Mumbai Press Club RedInk certificate of recognition in 2015 for his story “Inside the Network 18 takeover”. Before joining The Morning Context, Ashish co-founded The Ken, where he was managing editor. His previous writing stints include Mint, Forbes India and The Economic Times.
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