BP Ventures, the investing arm of British oil and gas giant BP has made its first direct investment in India. The oil and gas behemoth has announced $13 million investment in integrated electric vehicles (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.

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Britain’S Bp Ventures Enters India, Leads $25M Funding In Ev Ride-Hailing Startup Blusmart

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Britain’S Bp Ventures Enters India, Leads $25M Funding In Ev Ride-Hailing Startup Blusmart

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