BluSmart doubles revenue in a year. $60Mn annually now

Honestly, I have never used a BluSmart. But my friends who have used it just don't stop going gaga over it.

Do you guys think BluSmart will make it big and disrupt premium rides segment or will Uber eventually win here as well(as it did...

• BluSmart has secured $24 million in its pre-Series B funding round from new investors, including responsAbility Investments AG, Sumant Sinha, and the MS Dhoni Family Office.
• The funds will be used to expand BluSmart's operations and ...

• EV ride-hailing startup BluSmart is in talks to raise $80-100 million from private equity funds, climate-focused investors, and family offices.
• The funds will be used to expand the ride-hailing business and its **EV charging infr...

While I'm proud of these two revolutionising the quick commerce space, I somehow have a bad feeling about this

Profits aren't coming, money is flowing Don't know what the VCs are seeking? Why bake a a pie that you can't eat later?