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Investment

BluSmart raises $25 mn funding from ResponsAbility

Electric vehicle (EV) ride-hailing platform BluSmart said that it raised $25 million from Zurich-based climate finance firm ResponsAbility and will use the money to expand its EV charging infrastructure, according to ETtech report. The funding comprises 20 million in debt and $5 million of equity, BluSmart’s cofounder and chief executive Anmol Singh Jaggi said. “We […]

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Investment

EV ride-hailing platform BluSmart raises $25 million

Electric ride-hailing service BluSmart announced it has raised $25 million as part of its extended Series A1 round, according to IANS report. In total, the startup has raised $50.7 million as part of its Series A round. BluSmart said that its EV ride-hailing platform aims to add 5,000 electric cars and scale up its EV […]

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Investment

BluSmart raises $7 mn in pre-Series A funding round

BluSmart, India’s first all electric shared smart mobility platform, announced that it has raised pre-Series A funding of $7 million from multiple investors. Investors that took part in the funding round are Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd, JITO Angels, LetsVenture Fund, and Kaplavriksh Fund.  BluSmart said in a […]