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BluSmart raises $25 million from Swiss-based ResponsAbility

blusmart funding: BluSmart raises $25 million in mix of debt and equity from ResponsAbility

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.

Wingreens Farms posts 50% jump in FY23 revenue at Rs 307 crore, loss doubles, ET Retail

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.

wingreens farms: Wingreens Farms posts 50% jump in FY23 revenue at Rs 307 crore, loss doubles

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