EV experience platform Blive raised $1 mn in pre-Series A round

BLive, an EV experience platform, recently raised $1 mn, part of follow-on capital of Pre-Series A round. The funding, which was a combination of debt and equity, was led by LetsVenture, Mumbai Angels, JITO and Credit Wise Capital.

BLive offers experiential, guided tours on electric bikes with an aim to promote sustainable tourism in India. It is the official EV tourism partner of Goa Tourism. Last year, BLive launched an online EV marketplace offering brands of e-cycles and e-scooters. Brands like Hero Electric, Ampere, Hero Lectro, Go Zero and Lightspeed are available on the BLive store.

Speaking on the occasion, Shanti Mohan, Founder of LetsVenture, said, “With India’s potential to be the next EV market leader of the world, we want to ensure that we support startups like BLive, who provide a completely unique way to users of experiencing and owning two-wheeler EVs. Boost in domestic travel and growth in the EV category presents BLive a great opportunity to grow and expand to bigger markets.”

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