BluSmart Mobility Pvt Ltd a Delhi NCR-based all-electric ride hailing platform has raised $7 million or ₹51 crore in pre-series. A funding from multiple investors including Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd., JITO Angels, Lets Venture Fund and Kaplavriksh Fund, the company said on Monday i.e. 7th September.
The company, which is also in talks to raise venture debt, said that the funds would be utilized in expanding its fleet, setting up electric vehicle (EV) charging infrastructure, and making technology related improvements while increasing its footprint.
Led by founders Anmol Singh Jaggi and Punit K Goyal, BluSmart had raised $3 million in a seed round in September 2019. The startup also has appointed Anirudh Arun as COO and Rishabh Sood as the CTO.
Punit K Goyal said, “We are looking at augmenting the EV uptake by expanding fast electric car charging infrastructure for an easy charging practice.”
