BluSmart raises $24 Mn from existing investors, founders and leadership team BluSmart Mobility, an EV ride-hailing service and charging infrastructure operator, raised $24 million in an equity round with over-subscription from existing investors, founders, and leadership. The company, challenging Ola and Uber, operates over 4,000 EV chargers across 34 hubs in Delhi-NCR and Bengaluru. With plans to scale its fleet to 8,000 EVs, BluSmart reported crossing $50 million in annual revenue run-rate, growing over 100% YoY, despite losses increasing to Rs 65.4 crore in FY22 as per TheKredible. #Entrackr #Fintrackr #BluSmart #Startups #StartupNews #News #thekredible #IndianStartups https://entrackr.com/2023/12/blusmart-raises-24-mn-from-existing-investors-founders-and-leadership-team/

Indian startups raised over $25 Bn in 2022: Entrackr Report Even as 2022 included what many have called a funding winter for startups, it still ended on an optimistic note as Indian tech companies managed to raise over $25 billion in 12 months. While this was a significant drop from the blockbuster funding of $38 billion in 2021 when the ecosystem broke all records in terms of fundraising and minting unicorns, #Indianstartups #Revenue #Acquisition #businessnews #BusinessStartupNews #Entrackr #startupfundingindia #startupsnews #funding https://entrackr.com/2023/01/indian-startups-raised-over-25-bn-in-2022-entrackr-report/