BP Ventures invests $25m in Indian EV ride-hailing startup BluSmart

BP Ventures invests $25m in Indian EV ride-hailing startup BluSmart

Visual from BluSmart website

BP Ventures, the venture capital firm of energy major BP, has invested $13 million in integrated EV ride-hailing and charging company BluSmart. It is BP Ventures’ first direct investment in India. It led a $25 million Series A round that also saw support from Mayfield India Fund, 9Unicorns, and Survam Partners, alongside other existing investors.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter