EV Start up BluSmart Mobility Procures USD 42 Million from bp and Others
The company will plan to deploy the recent round of capital to absorb and tap deeper into big cities and more than double its fleet to 10,000 in the coming years.
May 08, 2023. By EI News Network
Investors such as bp Ventures, the investment arm of energy major BP Plc consist 20% equity.
BluSmart funds drivers’ cars, installs electric charging infrastructure working with partners, and further indulges in electric-car manufacturing with partner GenSol Engineering Ltd.
The company will plan to deploy the recent round of capital to absorb and tap deeper into big cities and more than double its fleet to 10,000 in the coming years.
Blusmart is based in Gurgaon near New Delhi, and it was established in December 2019 with the concept of striving for new, greener ride-hailing alternatives in the great Indian market.
The main vision is sustainability, which is the centre of operations, to assist transform Indian cities by developing a comprehensive electric on-demand mobility platform.
bp ventures started over ten years back to identify and invest in private, high-growth, revolutionized technology companies, running innovation all over the complete energy spectrum.
please contact: contact@energetica-india.net.
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