BluSmart Secures $50M Funding at $335M Valuation

CosmicTaco · 2025-01-09T12:05:47.230162+05:30

- BluSmart is raising $50M in Series B funding at a $335M pre-money valuation, with participation from existing investors, promoters, HNIs, and new VC funds. - The startup has already secured half of the $50M and expects to close the round next month. BluSmart's ARR for FY25 is projected at $95M. - With over 8,500 EVs and a charging network spanning 5,800 stations, BluSmart continues to expand its services in Delhi NCR, Mumbai, Bengaluru, and Dubai. Source: [Inc42](https://inc42.com/buzz/blusmart-to-raise-50-mn-at-pre-money-valuation-of-335-mn/)

BluSmart is raising $50M in Series B funding at a $335M pre-money valuation, with participation from existing investors, promoters, HNIs, and new VC funds.
The startup has already secured half of the $50M and expects to close the round next month. BluSmart's ARR for FY25 is projected at $95M.
With over 8,500 EVs and a charging network spanning 5,800 stations, BluSmart continues to expand its services in Delhi NCR, Mumbai, Bengaluru, and Dubai.

Source: Inc42