In early October 2026 I captured notes on Blume Ventures’ investment in Lumio, a home‑entertainment startup targeting India’s affluent households.
Lumio’s target market comprises 30‑35 million affluent households in India.
Nearly half of Lumio’s customers are upgrading from legacy brands.
Blume Ventures decided to back Lumio because the large underserved market, the founders’ deep experience and capital efficiency, and the high upgrade rate together lower execution risk and promise a next iconic home‑entertainment brand out of India.