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BluSmart drives a green agenda, hopes to expand presence from core NCR base

BluSmart has also gone in for backward integration, creating EV charging stations or what it calls "super-hubs" that can charge almost 70-80 EVs at a time

Gurugram-based BluSmart
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Gurugram-based BluSmart

Shivani Shinde Mumbai
If Ola and Uber changed the way we hailed taxis, Gurugram-based BluSmart wants to make ride-hailing a green option.

The company, which recently raised $25 million from a clutch of investors led by bp Ventures and which included Mayfield India Fund, 9Unicorns and Survam Partners, is India’s first integrated EV ride-hailing and charging company. The company declined to comment on bp’s stake. Sources said that the 10-year-old corporate venture arm of London-headquarted bp now holds a significant minority stake in BluSmart.

BluSmart is unlike some of the popular app-based ride-hailing businesses. Though it resembles US-based Revel and Alto in terms

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First Published: Oct 15 2021 | 6:08 AM IST

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