Mobility startup BluSmart has raised $24 million (Rs 200 crore) in a new equity round, which saw participation and over-subscription from existing investors, founders, and the leadership team.
The company said the funding will be used to build large-scale EV charging superhubs, enabling the expansion of its electric ride-hailing service. It is also building an integrated energy-infrastructure-mobility and technology business to achieve large-scale decarbonisation of mobility.
“We will continue to expand our brand promise of zero ride........