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Bp Leads $25 Million Funding Round In Ev Ride-Hailing Startup Blusmart

Sep 30, 2021•almost 4 years ago

Amount Raised

$25 Million

GurugramInformation Technology

Description

New Delhi: BP Ventures has made its first direct investment in India by pumping in $13 million in integrated EV ride-hailing and charging company BluSmart. It led a $25 million Series A round that also saw support from Mayfield India Fund, 9Unicorns and Survam Partners, alongside other existing investors, the firm said in a statement.

Company Information

Company

Blu Smart

Location

Gurugram, Haryana, India

About

BluSmart is India's first and leading all-electric ride-hailing mobility service. We are here for a reason. We are on a mission to steer urban India towards a sustainable means of transportation and to provide them efficient, affordable, intelligent, safe and reliable mobility. With sustainability being at the core of our operations, our vision is to help transform the Indian cities by building a holistic and comprehensive electric on-demand mobility platform.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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