Electric ride-hailing service BluSmart raised $25 million as part of its extended Series A1


Electric ride-hailing service BluSmart raised $25 million as part of its extended Series A1 in which $15 million equity is led by BP Ventures and Green Frontier Capital where existing investors also participated and 10 million in dept omes from Stride Ventures, Alteria Capital, BlackSoil and UCIC.


BluSmart stated that its EV ride-hailing platform plans to add 5,000 electric vehicles and expand its EV Superhubs throughout the Delhi-NCR region. The company has recently added long-range EVs and launched an all-electric intercity service for customers travelling from Delhi-NCR to Jaipur and Chandigarh. It is expanding its presence at the Delhi airport and now has a presence in all domestic and international terminals.

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