The funding round saw participation and over-subscription from existing investors, founders and the leadership team.
The startup will use the capital to build large-scale EV charging superhubs enabling the expansion of its electric ride-hailing service
Founded in 2019, BluSmart offers EV ride-hailing services and charging infrastructure across Delhi NCR, Bengaluru and other megacities in India
Delhi-NCR-based electric mobility startup BluSmart has raised $24 Mn (INR 200 Cr) in a fresh equity funding round, which saw participation and over-subscription from its existing investors, founders and leadership team.
The startup will use the capital to build large-scale EV charging superhubs enabling the expansion of its electric ride-hailing service.