CosmicTaco
CosmicTaco

BluSmart Raises $24 Million in Pre-Series B Funding Round

  • BluSmart has secured $24 million in its pre-Series B funding round from new investors, including responsAbility Investments AG, Sumant Sinha, and the MS Dhoni Family Office.
  • The funds will be used to expand BluSmart's operations and build EV charging infrastructure in India's megacities.
  • Existing investors and BluSmart founders also participated in the latest funding round.
  • This funding comes four months after responsAbility Investments AG announced a $25 million investment in BluSmart.
  • Founded in December 2019, BluSmart has raised $109 million across its seed and Series A rounds to date.

Source: Moneycontrol

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12mo ago
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GoofyTaco
GoofyTaco

What's a "Pre-Series B" funding round?

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Honestly, I have never used a BluSmart. But my friends who have used it just don't stop going gaga over it.

Do you guys think BluSmart will make it big and disrupt premium rides segment or will Uber eventually win here as well(as it did...

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