BluSmart

Mumbai, India Founded: 2019 • Age: 7 yrs
Electric ride-hailing and cab services are provided via mobile app.
Annual revenue - Latest available
Total funding $168.5M 16 rounds
Employees - Tracked headcount
Investors 254 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About BluSmart

BluSmart is a company based in Mumbai (India) founded in 2019 by Anmol Singh Jaggi and Rishabh Sood. BluSmart has raised $168.52 million across 16 funding rounds from investors including InCred, Lightsource BP and Angel List. BluSmart operates in a competitive market with competitors including Snap-E Cabs, Evera Cabs, Eprakriti, Cab-eez and Malbork, among others.

  • Headquarter Mumbai, India
  • Founders Anmol Singh Jaggi, Rishabh Sood
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $168.52 M (USD)

    in 16 rounds

  • Latest Funding Round
    $25 M (USD), Series A

    Dec 23, 2024

  • Investors
    InCred

    & 253 more

  • Employee Count
    Not available
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Funding Insights of BluSmart

BluSmart has successfully raised a total of $168.52M across 16 strategic funding rounds. The most recent funding activity was a Series A round of $25 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in BluSmart

BluSmart has secured backing from 254 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include InCred, Lightsource BP and Angel List.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Multiple sectors including logistics and green tech are invested in.
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Angel network investing in early-stage companies
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Private equity investment firm
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Investor details for BluSmart

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Investments & Acquisitions by BluSmart

Investments
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Investment portfolio details for BluSmart

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Financial Statements - BluSmart

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Detailed financials for BluSmart

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Blusmart Comparisons

BluSmart Primary company
Description
Electric ride-hailing and cab services are provided via mobi...
Location
Mumbai, India
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for BluSmart

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Competitors of BluSmart

BluSmart operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Snap-E Cabs, Evera Cabs, Eprakriti, Cab-eez and Malbork, among others.

Company Name Domain Founded year HQ Location Description
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Electric cab services are provided via an app-based booking platform.
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Provider of an all-electric cab service
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Electric car rentals and charging stations are provided by Eprakriti.
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Operator of a technology platform providing all-electric vehicle cab booking services
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Electric taxi-hailing services are facilitated via a mobile app platform.
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Detailed competitors of BluSmart

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Latest news on Blusmart

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Complete news archive for BluSmart

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Frequently Asked Questions about BluSmart

BluSmart was founded in 2019.

BluSmart is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

BluSmart is a funded company, having raised a total of $168.52M across 16 funding rounds to date.

BluSmart was established in 2019 and is headquartered in Mumbai, India, within the electric mobility sector. Ride-hailing and chauffeur-driven cab services are delivered through a mobile application available on Android and iOS platforms. Bookings are facilitated by users entering pickup points, destinations, payment details, and preferred dates. EV charging solutions are also supplied to support operations.

BluSmart's top competitors include Snap-E Cabs, Evera Cabs and Cab-eez.

BluSmart has 254 investors. Key investors include InCred, Lightsource BP, Angel List, bp, and Kotak Mahindra Bank.

The valuation of BluSmart is $255.26M as of May 2024.

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