Delhi NCR-based all-electric ride hailing platform BluSmart Mobility Pvt Ltd 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.
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.
