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BluSmart

604

All-electric ride-hailing platform.

Electric Mobility / Ride-hailing
EV Ride-hailing
Active

Founded

2019

Team Size

1000

Total Funding

₹1,300 Cr

Valuation

₹1,245 Cr

About

All-electric ride-hailing platform.

Unique Selling Proposition

Core Differentiator

India's first and largest all-electric ride-hailing service with owned fleet and integrated charging infrastructure

Target Market

Urban premium commuters in Delhi-NCR and Bangalore seeking sustainable, predictable ride experiences

Key Innovation

Vertically integrated EV ecosystem combining ride-hailing platform, owned electric fleet, and proprietary charging network

Competitive Moats
💰Cost Advantage
Medium

Lower operational costs through EV fleet economics and reduced driver commission disputes; long-term fuel savings create pricing flexibility

🌐Network Effects
Medium

Proprietary charging infrastructure creates supply-side lock-in; more chargers enable more drivers, improving service density and wait times

Brand
Medium

First-mover advantage in premium all-electric ride-hailing; strong sustainability positioning appeals to environmentally conscious urban consumers

Funding Snapshot
Free preview

₹74.7 Cr

Total Raised

2

Rounds

Series B

Latest · Jun 18, 2024

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Full Funding History

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Funding History

Latest Round

2024-01-01

₹74.7 Cr

Investors

Various Investors

Series B

Jun 18, 2024

N/A

Details

Location

Gurugram, Haryana

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Financial Metrics

Growth Rate

48%

Funding Rounds

2

VedAI Score
604/1000
Developing