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