Ashish Fafadia

Enthusiast
DISC Type : i

Partner at Blume Ventures

Mumbai, Maharashtra, India

Overview

Ashish Fafadia is a Partner at Blume Ventures, where he has been a core member since 2012, leading the Fintech and Growth portfolios. A Chartered Accountant by training, he has been instrumental in scaling key companies like Slice and Turtlemint and also spearheads the firms fundraising activities across India, SE Asia, and MENA.

Outside of his direct investment work, Ashish is a recognized thought leader and acts as a visiting faculty member at leading business schools to mentor students. He actively contributes to industry dialogues through platforms like the Indian Venture and Alternate Capital Association (IVCA), an experience he finds personally rejuvenating.

He was pivotal in creating and expanding Constellation Blu, a financial and transaction advisory firm incubated by Blume to support its portfolio companies.

Personality Overview

Amiable & Agreeable

Non-Confrontational

Story Driven

Unlike D or C types, they are convinced more by stories and testimonials.  They agree with others often, so exercise caution when relying on their word. They prefer to build relationships rather than staying totally transactional.

Topics They Care About

Fintech & Wealthtech
He leads Blume's fintech investments and is particularly bullish on the future of tech-first financial advisory platforms, seeing it as a key area for growth beyond lending.
Startup Growth & Exits
He manages the growth portfolio and is a vocal proponent for more Indian tech IPOs, believing they are essential for the ecosystem's maturation and providing investor returns.
Venture Capital Dynamics
In recent podcasts, he has detailed the necessary skill sets for a career in VC and described the recent market downturn not as a "winter" but a "healthy reset. "

Media Appearances

Before Applying For A Venture Capital Job, Watch This Podcast! – Featuring Ashish Fafadia, Partner at Blume Ventures (The Neon Show). Featured in Blume Ventures

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Ashish Fafadia – Podcasts. Featured in Blume Ventures

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Day 5/30 ft. Ashish Fafadia is a Partner at Blume Ventures. Featured in Instagram

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Work History

8-2018
Partner at Blume Ventures
6-2012 - 8-2018
CFO at Blume Ventures
4-2012 - 7-2012
Dy General Manager at Bennett, Coleman and Co. Ltd. (Times Group)
4-2009 - 3-2012
Chief Manager at Bennett, Coleman and Co. Ltd. (Times Group)
10-2007 - 7-2008
Sr. Manager at Bennet Coleman

Education

1999 - 2003
ACA from The Institute of Chartered Accountants of India
1984 - 1995
General Studies from Hindi Vidya Bhawan

More Information

Social Presence :

Prographics :

Exp : 20 Location : Mumbai, Maharashtra, India Job Level : N/A Designation : Partner at Blume Ventures
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Insights For Selling To Ashish

During A Call Or A Meeting

DO's

  • Maintain high, positive energy and convey confidence
  • Invite them for a lunch or a drink/coffee
  • Refer to interesting customer testimonials and stress on great customer experience

DONT's

  • Don’t push them for a direct ‘no’, take lack of ‘yes’ as ‘no’ after some time
  • Avoid overloading them with too much information
  • Don’t ask too many questions in one go, weave them into the flow

When Cold Calling

When Writing An Email

While Negotiating & Closing

    The secret to closing fast with Ashish is

  • Relationship and rapport are valuable for them, but so is proven product value.
  • Will you ever get a clear answer from Ashish

  • They probably won't say no directly.


Insights For Deal Planning

    How fast (or slow) will Ashish move?

  • They are not the ones to make fast decisions, even while they stay committed.
  • Can Ashish take some risk or not?

  • They can take some low-probability risks if needed.

You And Ashish

Personality Compatibility


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