blusmart funding: BluSmart raises $25 million in mix of debt and …

Jan 29, 2024  · The funding comprises 20 million in debt and $5 million of equity, BluSmart’s cofounder and chief executive Anmol Singh Jaggi told ET. In addition to ride-hailing services, …


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Blusmart Funding: BluSmart Raises $25 Million In Mix Of Debt And …

1 week from now

Jan 29, 2024  · The funding comprises 20 million in debt and $5 million of equity, BluSmart’s cofounder and chief executive Anmol Singh Jaggi told ET. In addition to ride-hailing services, …

indiatimes.com

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EV Cab Company BluSmart Raises $25 Million Funding - The …

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May 24, 2022  · Bengaluru: Electric vehicle cab company BluSmart said it has raised $25 million in a combination of equity and debt funding. The equity round was led by BP Ventures and …

indiatimes.com

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BluSmart Raises $25 Mn From Swiss-based ResponsAbility - Entrackr

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Jan 29, 2024  · BluSmart Mobility, an EV ride-hailing service and EV charging hub infrastructure operator, has scooped up $25 million in an equity and debt round from Switzerland-based …

entrackr.com

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BluSmart Raises $25 Million From Swiss-based ResponsAbility

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Jan 29, 2024  · BluSmart Mobility raises $25 million to expand EV charging infrastructure, currently operating 6,000 EVs and 4,000 chargers.

thehindubusinessline.com

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BluSmart To Raise $25 Million In Pre-Series B Funding Round

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May 24, 2024  · The development comes after the electric vehicle (EV) startup raised $25 million in a mix of equity and debt in January from Switzerland-based asset manager responsAbility. …

cnbctv18.com

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EV Startup BluSmart Raises $25 Million Funding From Swiss-based …

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The new funding amount of this electric mobility startup comes after it raised $24 Million (INR 200 Crore) in a fresh equity funding round, which saw sharing and over-subscription from its …

siliconindia.com

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BluSmart Raises $25 Million In Series A Round - Times Of India

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Sep 30, 2021  · CHENNAI: EV ride hailing and charging company BluSmart has raised $25 million in a Series A funding round which included $13 million investment by bp ventures. The others …

indiatimes.com

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India: BluSmart Wants To Triple Its Fleet And Expand Overseas

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May 28, 2024  · To date, BluSmart has raised $200 million in growth capital (equity & debt), and it has secured long-term and sustainable EV asset financing of $210 million as well. Currently, it …

electrive.com

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Ride-hailing Startup BluSmart To Raise Rs 200 Crore In New Funding

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May 23, 2024  · The firm had raised $25 million in a mix of debt and equity in January this year from Zurich-based climate finance firm ResponsAbility. In 2023, the firm had conducted two …

indiatimes.com

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BluSmart Raises $24 Million In Pre-series B Funding Round

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Jul 15, 2024  · BluSmart has achieved a historic milestone of over half a billion (500+ million) electric kms and delivered over 16 million electric trips saving nearly 40 million kgs of CO2 …

khaleejtimes.com

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Blusmart Funding: EV Cab Startup BluSmart Raises $42 Million In …

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May 4, 2023  · Electric vehicle (EV) ride-hailing company BluSmart said it has raised $42 million in a mix of debt and equity from existing investors with almost 50% of the round being subscribed …

indiatimes.com

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Debt Financing - BluSmart Mobility - 2024-01-29 - Crunchbase

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Jan 29, 2024  · BluSmart Mobility raised $254279848 on 2024-01-29 in Debt Financing. Search Crunchbase ... Incubees — Responsibility led $25 M Equity & Debt funding secured by …

crunchbase.com

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BluSmart Raising $24 Mn In Pre Series B - Entrackr

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May 22, 2024  · The company raised $42 million from existing backers of which 50% was subscribed by its leadership team in May last year. This was followed by an additional $24 …

entrackr.com

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Blusmart Funding: BP Leads $25 Million Funding Round In EV Ride …

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Sep 30, 2021  · New Delhi: BP Ventures has made its first direct investment in India by pumping in $13 million in integrated EV ride-hailing and charging company BluSmart.It led a $25 million …

indiatimes.com

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BluSmart - Company Profile - Tracxn

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3 days ago  · BluSmart - App-based providing personal transportation with EV. Raised a total funding of $142M over 13 rounds from 231 investors. Valued at $245M. Founded by Anirudh …

tracxn.com

FAQs about blusmart funding: BluSmart raises $25 million in mix of debt and … Coupon?

How did blusmart raise $25 million?

Bengaluru: Electric vehicle (EV) cab company BluSmart said it has raised $25 million in a combination of equity and debt funding. The equity round was led by BP Ventures and Green Frontier Capital and the venture debt funding came from Stride Ventures, Alteria Capital, BlackSoil and UCIC. ...

How much money did blusmart raise in 2022 & 2023?

Between 2022 and 2023, BluSmart, which raised a total of $200 million in equity and debt to date and separately received EV asset financing of $200 million, saw its gross merchandise value grow by over 600% to about $20 million from $2.76 million. ...

How much money does blusmart have?

The funding comprises 20 million in debt and $5 million of equity, BluSmart’s cofounder and chief executive Anmol Singh Jaggi told ET. In addition to ride-hailing services, under which the startup operates 6,000 EV cabs, BluSmart owns and operates 4,000 EV chargers at 35 locations in the National Capital Region and Bengaluru. ...

Why did blusmart raise $75 million in EV asset financing?

The debt is primarily used to pay an advance deposit to asset management companies to secure the electric cars it operates. BluSmart said it has raised $75 million in EV asset financing backed by global development financial institutions. BluSmart is one of the few mobility companies in India that use electric cars in the ride-hailing business. ...

Who backed blusmart?

The equity round was led by BP Ventures and Green Frontier Capital and the venture debt funding came from Stride Ventures, Alteria Capital, BlackSoil and UCIC. BluSmart is one of the few mobility companies in India that use electric cars in the ride-hailing business. ...

Will blusmart raise $25 million in a pre-Series B funding round?

Electric ride-hailing firm BluSmart is looking to raise $25 million in a pre-series B funding round from new and existing investors to expand its fleet size and enter newer markets. ...

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