Indian EV ride-hailing service BluSmart raises $24M in pre-Series B funding for expansion and EV infrastructure.
Indian EV ride-hailing service BluSmart has secured $24 million in a pre-Series B funding round, with participation from responsAbility Investments, Sumant Sinha, MS Dhoni Family Office, existing investors, and the company's founders. The raised funds will be utilized to expand operations, build EV charging infrastructure, and assets across major Indian cities. Since January 2019, BluSmart's EV fleet has grown to 7,500 vehicles, delivering over 16 million electric trips and saving nearly 40 million kg of CO2 emissions.
July 15, 2024
8 Articles