BluSmart raises $25 million in mix of debt and equity from ResponsAbility
Electric vehicle (EV) ride-hailing platform BluSmart said Monday that it raised $25 million from Zurich-based climate finance firm ResponsAbility and will use the money to expand its EV charging infrastructure.
The funding comprises 20 million in debt and $5 million of equity, BluSmart’s cofounder and chief executive Anmol Singh Jaggi told ET.
