There will be 100 successful startups built around one simple idea: Automating enterprise procurement with AI agents. Most procurement teams today are basically a mini-ERP… with email as the API. PDFs. Spreadsheets. Supplier threads. Approvals buried in inboxes. Perfect environment for agents. Build an AI procurement layer that can: - read RFQs and contracts - evaluate suppliers - negotiate terms - trigger approvals - complete transactions Procurement is the perfect agent wedge: unstructured documents repetitive workflows huge hidden cost. Classic Tornado Test: If an agent compresses weeks of work into minutes, it’s not a feature. It becomes the new baseline. And you can start building this today with open-source frameworks like @OpenMercato. If you run a software consultancy, here’s the blunt truth: Stop pitching “AI”. Pick one ugly enterprise workflow, automate it end-to-end, then productize the delivery. That’s where the real money will be.

Reporting a fund is easier than digging deep into the innards of the venture craft and sharing valuable insights. Last year's Omega Files Ep 1 paves the way to share more this time. It's time for Episode 2 of the #OmegaFiles bit.ly/BVTheOmegaFilesEp2 Benchmarking Fund IRRs, Pattern Matching (and extracting signals from noise), Impact generation from venture capital and showcasing more peer funds from the Fund I era (2011-15) are the highlights. And you have to mine the nuggets tucked away. Thanks to our peer funds who graciously agreed to share their performances this year @skg69 and team @YourNestVC @SashaMirchi and team @KaeCapital Kumar Shah and Micromax Corp VC A big thanks to @AdithyaS017 and his intern army of 2. Flashback to Episode 1 bit.ly/BVTheOmegaFilesEp1

Yeh ♎️♎️ kya hain? Watch….. This…. Space…

The Omega Files (Inaugural edition) ———————————————— It has taken over a dozen years to get here. I was hoping it would be done by year 10. And we still have a few years before the Final Chapters of the Blume Fund I journey are entirely closed. The First Edition of The Omega Files are about a proclamation from 6-7 years ago. Eyes widened at various LP (“Limited Partner”) offices around the world when I told them that we will start declassifying our Fund performances and track records as we reach the end of life of the fund. There’s never a perfect time but this year felt like the closest we’ve been to the emotion of launching this new publication. We are almost done with all of Fund I and its vintage (will be fully done by mid 2024) While it took a lot of inputs and data to piece together from team members helping us, my able lieutenant in putting this out has been @AdithyaS017 with his interns. Without touching any other firm resources, he’s put his head down over 6 months amidst regular business, to get us here. A huge shout-out to @anandlunia and the team @IndiaQuotient for agreeing to, and contributing towards their guest cameo feature here. (We invite others to park their spots for edition 2 next year) And here we go: bit.ly/BVTheOmegaFilesEp1 Hope you’ve stocked up on enough popcorn 🍿 or nachos or whatever your snack of choice. Yes - it’s an iPad or desktop docsend view. Yes - there are dozens of other things we would have like to add. Yes - so many more hundreds of small stories. But we wanted to strike a balance between the two big truth parameters of the capital markets - Data and the Market itself - and blend some of the stories (the people are the most important part) in the second half of the report. Head is already spinning with ideas for the 2nd edition. For now, may the learning begin. (The J curve of a fund is more Jagged than The Rolling Stones…behold)