Announced
Completed
Financials
Sources
Tags
Friendly
Mobility
ride-hailing
India
Minority
Private
Cross Border
Acquisition
Private Equity
Venture Capital
Completed
Synopsis
BP Ventures and Green Frontier Capital led a $25m Series A1 funding round in BluSmart, an electric full-stack ride-hailing service and operator of EV Superhubs, with participation from Stride Ventures, Alteria Capital, BlackSoil and UCIC. “BluSmart has been able to scale 25x since launch. BluSmart is creating inclusive and equitable economic opportunities for driver partners who can drive and earn without the hassles of asset ownership. We continue to build the next generation EV ride hailing service and EV charging infrastructure –making BluSmart India’s largest integrated and full-stack EV ecosystem solutions provider,'' Anmol Jaggi, BluSmart Co-Founder and CEO.
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