BluSmart raises $25 million from Swiss-based ResponsAbility thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Indian EV ride-hailing platform BluSmart has raised $25 million from ResponsAbility to expand its EV charging infrastructure. The investment includes $20 million in debt and $5 million in equity funding. BluSmart currently operates 6,000 EV cabs and owns 4,000 EV chargers across Delhi-NCR and Bengaluru.
Gurugram-based Wingreens Farms has shifted focus to offline channels to improve unit economics. Its FY23 expenses grew faster than revenue, primarily due to higher cost of goods sold and marketing costs. Wingreens Farms is in the process of raising $10 million at a valuation of $205 million. The company aims to consolidate acquisitions and achieve profitability on the Ebitda level.
Gurugram-based Wingreens Farms has shifted focus to offline channels to improve unit economics. Its FY23 expenses grew faster than revenue, primarily due to higher cost of goods sold and marketing costs. Wingreens Farms is in the process of raising $10 million at a valuation of $205 million. The company aims to consolidate acquisitions and achieve profitability on the Ebitda level.
UNIQLO Shows Appreciation To Customers With Arigato Festival menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.