In this episode of Decoding Exits, Karthik Reddy (Co-founder, Blume Ventures) breaks down one of the quiet power plays in India’s consumer landscape: CityKart’s ₹538 Cr ($65M) transaction—where a whopping ₹418 Cr ($50M) was secondary.
Here’s what you’ll learn:
🔹 Why tier-2/3/4 retail is the next goldmine
🔹 Why high secondary volume is a signal for IPO-readiness
🔹 The Purplle playbook and what it reveals
🔹 How investors like Investcorp made a 4x exit
Whether you’re a founder eyeing growth capital or an investor tracking retail’s rise in Bharat, this is a masterclass in spotting momentum behind the headlines.
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#Startups #VC #Exits #IndianRetail #BlumeVentures #SecondaryDeals