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The funding was in the form of a rights issue, and has not seen participation from new investors. The round also saw BluSmarts founders increasing their stake in the company.
BluSmart currently operates within India and South East Asia offering EV full stack ecosystem with over 5,500 BluSmart EVs on the roads.
In a significant stride toward transforming the landscape of electric mobility in India, BluSmart, a Delhi-NCR-based startup, has successfully raised $24 million (INR 200 crore) in a fresh equity funding round.
Indian electric ride-hailing startup BluSmart on Thursday said it has raised $24 million (Rs 200 crores) in a new equity round.
Gujarat govt's pre-startup conclave round table set for Wednesday Gandhinagar: The Gujarat government is set to host on Wednesday a round table