India: BluSmart to raise $25m in fresh funding, launch services in Dubai soon
The company aims to reach 10,000 EV fleet by the end of 2024.
Source: dealstreetasia.com
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Ride-hailing BluSmart raising $25 million in pre-Series B - The Hindu BusinessLine
BluSmart Mobility raises $25 million in pre-Series B round, expanding EV fleet and charging infrastructure, poised for growth.
Source: thehindubusinessline.com
climate tech: Investors taking a shine to Indian climate tech space
Over the last 12-15 months, investors such as Blume Ventures, Leo Capital and new entrants like Synapses have been betting on climate tech startups. Even global investors are looking to invest in climate tech companies.
Source: indiatimes.com
After the equity rush by retail investors, fintechs see bonds taking off
Fintechs expect retail participation in the bond market to grow similar to the equity markets during the Covid lockdown as Sebi allows companies to issue bonds at a face value of Rs 10,000. Bonds could prove to be a competitor to FDs.
Source: moneycontrol.com
Editor's take: The week that was — April 29-May 4
This edition features quarterly earnings of Indonesia’s listed tech startups GoTo Group, Bukalapak and Blibli.
Source: dealstreetasia.com