Britain’S Bp Ventures Enters India, Leads $25M Funding In Ev Ride-Hailing Startup Blusmart
09/30/21, 12:03 PM
Money raised
$25 million
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.
Company Info
Additional Info
Our purpose is reimagining energy for people and our planet. We want to help the world reach net zero and improve people’s lives. We want to be an energy company with purpose; one that is trusted by society, valued by shareholders and motivating for everyone who works at bp.