[UPDATE: Hero Denies Report] E-Mobility Startup Blu Smart Raises $2.2 Mn In Seed Funding

[UPDATE: Hero Denies Report] E-Mobility Startup Blu Smart Raises $2.2 Mn In Seed Funding

SUMMARY

Jain International Trade Organization (JITO) Angel Network led the round

The other investors include Hero Motocorp, MayField Fund and Centrum

The funds will be used to expand its operations

Delhi-based electric mobility startup Blu Smart has raised $2.2 Mn in seed funding. The investment came in from a group of angel investors with Jain International Trade Organization (JITO) Angel Network leading the round.

The other investors include MayField Fund and Centrum, Micromax and few individual investors among others. The funds will be used to expand its offerings and services beyond Delhi NCR.

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