BluSmart raised $7Mn from multiple investors

BluSmart, an all-electric ride-hailing platform, has raised pre-Series A funding of $7 mn from multiple investors including Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd, JITO Angels, Lets Venture Fund, and Kaplavriksh Fund.

BluSmart said in a statement that it will utilise the funding to expand the number of cars on the platform, set up more charging infrastructure, improve its technology, and expand the geographical reach.

Anmol Singh Jaggi, Co-founder, BluSmart Mobility said “We aim at bringing in a new narrative in the EV mobility space by giving the highest quality service as evidenced by our app rating, which is highest amongst all ride-sharing platforms and thus, transforming India’s mega-cities by providing convenient, sustainable and affordable mobility with great benefits for consumers, businesses and society at large.”

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