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Blu smart Unlisted Shares
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Blu smart Unlisted Shares

PHYSICAL
PRIVATE LIMITED

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Blu smart Essentials

As of March 21, 2026, BLU-SMART MOBILITY, Unlisted Shares are trading at ₹0.00 per share and face value is ₹10.00/share, with a 52-week high of ₹0.00 and 52-week low of ₹0.00. The minimun lot size is None shares, and the shares are traded on .
Face Value
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10
Total Shares
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21,44,369
Sector
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Consumer Discretionary
Sub-sector
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E Vehicle
Category
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Liquidation

About Blu smart

  • BluSmart entered India's emerging electric vehicle (EV) market in July 2019, when only two models of EV passenger cars were available for fleet operations. By February 2020, the market had expanded to offer five electric car models, providing greater options for fleet operators. BluSmart's current fleet comprises vehicles from Mahindra, Tata Motors, and Hyundai Motors.
  • BluSmart employs a combination of DC fast and AC slow charging stations for its operations. Recognizing the scarcity of public charging infrastructure in Indian cities, which can result in increased dry runs and range anxiety, BluSmart decided to invest in captive charging stations. This investment ensures that drivers can consistently charge their vehicles during operations.
  • BluSmart has invested in its own proprietary backend technology platform, along with developing tailored applications for various stakeholders, including customers, drivers, dispatch centers, hub operations, and charging users.
  • BluSmart leases its fleet on a monthly basis through entities like Energy Efficiency Services Limited (EESL), an ESCO, facilitating efficient energy management. This leasing approach minimizes capital expenditure, allowing BluSmart to allocate resources towards enhancing its technology platform.
  • BluSmart aims to meet demand efficiently and minimize dry-run time, while expanding charging infrastructure to alleviate range anxiety for EV drivers overall.
  • BluSmart has raised $25 million from ResponsAbility to expand its EV charging infrastructure. The investment includes $20 million in debt and $5 million in equity funding. BluSmart currently operates 6,000 EV cabs and owns 4,000 EV chargers across Delhi-NCR and Bengaluru. 

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Blu smart Media

News
Articles
Videos
MS Dhoni Invests Into Bangalore-Based EV Ride-Hailing Startup 'BluSmart'
MS Dhoni Invests Into Bangalore-Based EV Ride-Hailing Startup 'BluSmart'
15 Jul 2024
Free Press Journal
BluSmart plans to raise over $300 mn in three years; expand fleet to 25,000 EVs
BluSmart plans to raise over $300 mn in three years; expand fleet to 25,000 EVs
28 May 2024
Business Today
BluSmart raising $24 Mn from existing investors
BluSmart raising $24 Mn from existing investors
22 May 2024
Entracker

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