BluSmart mobility, the all-electric ride hailing platform, flagged off the country’s first all-electric journey by a commercial vehicle, from Delhi to Mumbai on September 6. The trip, aimed at demonstrating that India is ready for EVs, will cover approximately 1376 km from Delhi to Mumbai and is expected to save 94 kg of CO2 emissions from this trip. This journey will be fully electric, noiseless and will entail zero-emission and will conclude in Mumbai on 9th September 2020 which also happens to be the World EV Day.
The journey will end in Mumbai on Sept 9th, 2020 on World EV Day. The journey would be through Neemrana, Kothputli, Jaipur, Pali, Ahmedabad, Vadodara, Surat and Vapi before reaching Mumbai. BluSmart undertook a similar initiative in January 2019 from Delhi-Jaipur trip (260km). This time, the distance is 5X of the former and is a good target to cover.
BluSmart, has announced raising a pre-series A round funding of Rs 51 crore. The company has said that the funds will be used to expand the number of cars on the platform, set up charging infrastructure, technology improvements and expand the geographical reach. A year ago, in September 2019, the company had raised over ₹ 22 crore in seed funding, and now, after the latest investment, the BluSmart is also in discussions to raise venture debt. BluSmart says that the fresh round of funding comes from various investors including Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd., JITO Angels, Lets Venture Fund and Kaplavriksh Fund.
Founded by Anmol Singh Jaggi and Punit K Goyal, Blu Smart offers reliable and affordable electric cab service in Delhi NCR. The company since its inception has completed clean 5,000,000+ KM with 200,000+ clean rides and has saved over 375,000+ KG of CO2.
Speaking on the Fundraise, Anmol Singh Jaggi, Co-founder of Blu Smart said, “We aim at bringing in a new narrative in the EV mobility space by giving the highest quality service as evidenced by our app rating, which is highest amongst all ride-sharing platforms and thus, transforming India’s mega-cities by providing convenient, sustainable and affordable mobility with great benefits for consumers, businesses and society at large. We will be expanding into more cities starting from Mumbai and then onwards to Bengaluru and other cities.”
