BluSmart raises USD 25 mn in mix of debt and equity from ResponsAbility

Indian EV ride-hailing platform BluSmart has raised USD 25 million from ResponsAbility to expand its EV charging infrastructure. The investment includes USD 20 million in debt and USD 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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