We are thrilled to announce that BluSmart, a key portfolio company of Green Frontier Capital, has raised $24 million in its pre-Series B funding round. Alongside BluSmart's existing investors and company founders, notable contributions came from responsAbility Investments AG, Sumant Sinha, MS Dhoni Family Office, and others. Green Frontier Capital also participated in this round, underscoring our commitment to BluSmart's vision and growth. This funding will empower BluSmart to expand operations and develop essential EV charging infrastructure across India's major cities, furthering its mission to revolutionize urban mobility with sustainable electric vehicle solutions. We're proud to continue our support for BluSmart as they lead the charge towards a cleaner, more sustainable future.
Read MoreBluSmart Mobility has launched a cab pickup zone at Kempegowda International Airport (KIA) on Monday — the first time Bangalore International Airport Limited (BIAL) is facilitating a dedicated pickup zone for an electric cab operator at KIA, MoneyControl reports.
Read MoreBattery Smart, which provides swapping networks for electric two and three-wheelers, will use the fund to add more batteries to its network and expand to new cities across India, the company said in a statement.
Read MoreThe e-bike company, which has a manufacturing facility in Pune, claims it has sold over 35,000 units since its inception in 2020.
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