29 May 2024
BluSmart, India’s biggest electric car operator, is planning to raise more than $300 million in three years as it wants to expand its fleet by thousands of cars. The company aims to increase its fleet of electric vehicles to take on the likes of Uber and Ola.
According to a report in Bloomberg, BluSmart plans to increase its fleet of EVs to 13,000 by March 2025 from 7,500 currently, as per Punit Goyal, co-founder of BluSmart, who divulged in an interview. It aims to have 25,000 cars in three years.
Stay Connected, Stay Informed –
Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.