EV ride-hailing firm BluSmart close to raising $250 million: CEO

The chief executive of Indian ride-hailing startup BluSmart Electric Mobility has said it is close to raising $250 million from investors including BP’s venture capital division.

BluSmart, which runs an all-electric vehicle (EV) fleet, was expecting to finalise deals with impact funds and private equity investors within the next two months, Anmol Jaggi said.

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