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BluSmart Secures $50M Funding at $335M Valuation

  • BluSmart is raising $50M in Series B funding at a $335M pre-money valuation, with participation from existing investors, promoters, HNIs, and new VC funds.
  • The startup has already secured half of the $50M and expects to close the round next month. BluSmart's ARR for FY25 is projected at $95M.
  • With over 8,500 EVs and a charging network spanning 5,800 stations, BluSmart continues to expand its services in Delhi NCR, Mumbai, Bengaluru, and Dubai.

Source: Inc42

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