ResponsAbility to invest upto $25 million in BluSmart Mobility

BluSmart Mobility, one of India’s leading EV-ride hailing service and charging infrastructure company will see responsAbility invest upto $25 million (around Rs 210 crore) as part of its broader $500 million (Rs 4,165 crore) climate investment strategy aimed at actively reducing CO2 emissions in Asia. This investment it says will help BluSmart expand its EV charging infrastructure across India and is a significant step in responsAbility’s mission to mobilise capital and invest in solutions that generate positive societal and environmental impact in emerging markets.