BluSmart logo — On-Demand. All Electric. Intelligent. Shared. Smart Mobility...

BluSmart

On-Demand. All Electric. Intelligent. Shared. Smart Mobility. On LinkedIn’s top Startups list for 2021, 2022 & 2023.

Founded 2019 India India 1122 employees Series B Total: $8.80B Mobile, Platforms +1

General Information

Company Name BluSmart
Founded Year 2019
Location India India
Employees 1122
Industries Mobile, Platforms, Transportation
Funding Stage Series B
Social

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About BluSmart

BluSmart is India's first and leading all-electric ride-hailing mobility service, founded in 2019. The company is driven by a mission to steer urban India towards sustainable transportation, offering efficient, affordable, intelligent, safe, and reliable mobility. With a focus on sustainability, BluSmart aims to transform Indian cities by providing a holistic and comprehensive electric on-demand mobility platform.

On May 23, 2024, BluSmart secured a significant INR2.00B Series B investment, signaling confidence from potential investors in the company's future. As a venture capital firm, this investment opportunity presents an intriguing proposition given the rapid growth potential of the Indian urban mobility market. Additionally, BluSmart's inclusion in LinkedIn’s top startups list for 2021, 2022, and 2023 enhances its credibility, underlining the momentum and recognition the company has gained within a short span.

With a primary focus on the transportation industry and headquarters in India, BluSmart offers an appealing investment opportunity for venture capitalists looking to tap into the evolving landscape of sustainable urban mobility solutions. The company's commitment to sustainability and innovation positions it as an attractive prospect within the dynamic and burgeoning market of electric mobility startups.

Business keywords: Electric vehicles, Ride-hailing, Smart mobility, Urban transportation, On-demand services, Shared mobility, Intelligent transportation, Startup, Investment, Technology, Sustainable development, Innovation, India, Environmental impact

Funding Rounds & Investors (14)

View All
Funding Stage Amount Investors Lead Investors Date
Series B INR2.00B 3
responsAbility Investments AG, Sumant Sinha +1
23 May 2024
Debt Financing £200.00M -
29 Jan 2024
Venture Round INR2.08B 1
responsAbility Investments AG
29 Jan 2024
Series A INR2.00B 7
BP Ventures, Stride Ventures +5
21 Dec 2023
Debt Financing $5.00M -
04 May 2023
Series A $37.00M 8
BP Ventures, Stride Ventures +6
04 May 2023
Debt Financing $75.00M 1
Power Finance Corporation Ltd.
29 Apr 2023
Series A $15.00M 9
BP Ventures, Stride Ventures +7
24 May 2022
Debt Financing $10.00M 4
Stride Ventures, Alteria Capital +2
24 Mar 2022
Series A INR1.85B 5
BP Ventures, Survam Partners +3
30 Sep 2021

View All 14 Funding Rounds

BluSmart Alternatives & Competitors

View All Alternatives
BluSmart vs

Türkiye’s Mobility Super App

Series B
920 employees
Mobile, Platforms
BluSmart vs
DiDi
DiDi China

Every day better for everyone

Post-IPO Equity
23936 employees
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BluSmart vs
YEGO
YEGO Spain

We offer ecological and shared mobility for greener cities 💚

Venture round
137 employees
Mobile, Transportation

FAQ About BluSmart

On-Demand. All Electric. Intelligent. Shared. Smart Mobility. On LinkedIn’s top Startups list for 2021, 2022 & 2023.
BluSmart was founded in 2019.
BluSmart is headquartered in India.
BluSmart operates in Mobile, Platforms and Transportation. Its work centres on Electric vehicles, Ride-hailing, Smart mobility and Urban transportation.
BluSmart has approximately 1122 employees.
BluSmart has completed 14 funding rounds, raising a total of $8.80B. The latest funding stage is Series B.
Top alternatives and competitors to BluSmart include Marti Technologies (NYSE: MRT), DiDi, YEGO, Lime, Donkey Republic. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
BluSmart and Marti Technologies (NYSE: MRT) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for BluSmart, https://bouncewatch.com/company/blusmart, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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