Electric vehicle (EV) ride-hailing startup BluSmart has raised $24 million, or around Rs 200 crore, in fresh capital from some of its existing investors, founders and leadership team, the company said in a statement on Thursday.
This makes it the second successive funding round for the Gurugram-based startup. The funding was in the form of a rights issue, and has not seen participation from new investors. The round also saw BluSmart’s founders increasing their stake in the company.
