
India EV ride-hailing start-up raises $50m

BluSmart, which claims to be India’s first integrated electric vehicle (EV) ride-hailing and charging business, has closed a USD 50m Series A round led by BP Ventures and local cleantech investor Green Frontier Fund.
BP Ventures and Green Frontier co-led a USD 25m tranche this week with support from Alteria Capital, BlackSoil Capital, Stride Ventures, and UC Inclusive Credit, a non-bank lender incubated by microfinance...
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