E-mobility startup Blu Smart has raised $2.2 million in a funding round led by Jito Angel Network along with Hero MotoCorp, MayField Fund and Centrum, and Micromax also participated.
Founded in 2018, Blu Smart had partnered with Mahindra Electric to onboard 70 Mahindra eVerito premium sedans in its cab fleet. The startup which provides all-electric cab service will deploy the fresh proceeds to expand beyond Delhi NCR. (Source)
Aarzoo is an author at Entrackr who tries to bring in an unbiased perspective while writing about the budding Indian startup ecosystem. Along the way, she also analyses the companies, their numbers, and compiles them. A graduate in Economics from Lady Shri Ram College for women, a will to explore the emerging businesses drives her the most. Connect with her at [email protected].
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