Indian EV firm BluSmart achieves 102% annual growth, reaching Rs 500 crore in FY24 and a 300% CAGR for GBV over three years.

Indian EV firm BluSmart has achieved a 102% growth in its annual run rate, reaching Rs 500 crore in FY24. The company's gross business value (GBV) has delivered a 300% CAGR over the last three years. BluSmart currently has the largest fleet of electric vehicles in South Asia, with over 7,300 EVs covering 460 million "clean kilometres" and saving 34 million kgs of CO2 emissions. The firm also has a growing charging network across Delhi and Bengaluru.

April 30, 2024
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