BluSmart Nets $24 Mn In Fresh Funding To Build EV Charging Superhubs

BluSmart Nets $24 Mn In Fresh Funding To Build EV Charging Superhubs

SUMMARY

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.

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