🚀 Exciting News! 🚀 BluSmart Mobility, the leading EV ride-hailing and charging service, is raising Rs 200 crore (~$24M) in a pre-Series B round! Key Highlights: Funding: Issuing 10,92,890 pre-Series B preference shares at Rs 1,840 each. Support: Backed by BP Ventures, Mayfield India Fund, 100Unicorns, JITO Angel Network, and more. Expansion: Over 4,400 EV chargers across 36 superhubs and a fleet of 7,000 EVs. Innovation: Scheduled pick-ups and drops, different from Ola and Uber's on-demand model. Global Reach: Launching in Dubai in June. Growth: Revenue hit Rs 390 crore in FY24. Founded by Anmol Jaggi and Punit K Goyal, BluSmart is driving towards a greener future. Read More: https://lnkd.in/gs2pwZh7 #BluSmartMobility #EV #Funding #Innovation #SustainableTransportation
BluSmart Mobility, the innovative EV ride-hailing service and EV charging infrastructure operator is raising a substantial Rs 200 crore (~$24 million) in a pre-Series B funding round! The board has approved the issuance of 10,92,890 pre-Series B preference shares at Rs 1,840 each. While the specific investors for this round remain undisclosed, BluSmart has strong backing from BP Ventures, Survam Partners, Mayfield India Fund, 100Unicorns, JITO Angel Network, Green Frontier Capital, Stride Ventures , Alteria Capital, and BlackSoil. BluSmart is making waves in the EV sector with over 4,400 EV chargers across 36 superhubs and a fleet of 7,000 electric vehicles. Founded by Anmol Jaggi and Punit K Goyal in 2019, the company offers scheduled pick-ups and drops, distinguishing it from Ola and Uber's on-demand models. Excitingly, BluSmart is set to launch in Dubai in the first week of June! With revenue soaring to Rs 390 crore in FY24, BluSmart is driving towards a greener future. Stay tuned for more updates on their remarkable journey! Read More: https://lnkd.in/gs2pwZh7 #BluSmartMobility #EV #RideHailing #ElectricVehicles #Funding #StartupNews #GreenTech #Innovation #DubaiLaunch #SustainableTransportation