blusmart

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Daily News Wrap-Up: Solar Auctions Surge 82% YoY in 2023

Solar auctions during the calendar year 2023 witnessed an 82% year-over-year (YoY) growth, with 22.2 GW projects auctioned, according to Mercom India Research. Falling...

January 31, 2024

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Mercom Staff

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Daily Wrap-up
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responsAbility Injects $25 Million in BluSmart to Expand EV Charging Network

Switzerland-based responsAbility, an impact-investment firm with over $4.7 billion in assets under management, said it would invest up to $25 million in BluSmart, an...

January 30, 2024

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Staff

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Electric Vehicles

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Finance and M&A
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Funding and M&A Roundup: Battery Developer Altris Raises $5.2 Million

From: Mercom Capital Group Altris, a company that develops sodium-ion batteries, secured €4.8 million (~$5.2 million) in bridge financing from its current investors and...

May 10, 2023

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Staff

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Finance and M&A

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Other
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EV Startup BluSmart Secures $42 Million Funding to Strengthen Operations

BluSmart Mobility, an electric vehicle (EV) ride-hailing service and charging infrastructure operator, has secured $42 million in its most recent funding round held last...

May 5, 2023

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A
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PFC Loans ₹6.33 Billion to Gensol to Expand EV Deployment

Power Finance Corporation (PFC) has approved a loan of ₹6.33 billion (~$77 million) to Gensol Engineering for the purchase of 5,000 passenger electric vehicles (EVs) and...

April 21, 2023

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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BluSmart Raises $25 Million in Latest Funding to Expand its Electric Vehicles Fleet

BluSmart, an electric ride-hailing platform, announced a Series A1 round closing to raise $25 million. This was a follow-up to the Series A round in September last year,...

May 25, 2022

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Satish Shetty

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Electric Vehicles

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Grid
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EV Ride-Hailing Platform BluSmart Secures ₹2.6 Billion from IREDA for Electric Cars

The Indian Renewable Energy Development Agency Limited (IREDA) approved a loan of ₹2.68 billion (~$35.27 million) to BluSmart Mobility, an electric ride-hailing platform...

April 1, 2022

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Gourav Mishra

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Electric Vehicles

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Grid
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Daily News Wrap-up: NTPC Commissions 17.5 MW of Floating Solar Projects

Here are some noteworthy cleantech announcements of the day from around the world: NTPC Limited has commissioned the first part capacity of 17.5 MW of the 100 MW...

November 1, 2021

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Harsh Shukla

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Other

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Renewable Energy
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BluSmart Plans to Expand its EV Fleet to Six Cities in India: Interview

The electric vehicle (EV) sector in India expects high growth in the upcoming years. Several states and union territories, including Delhi, Maharashtra, Gujarat,...

October 21, 2021

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Harsh Shukla

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Electric Vehicles

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Grid
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EV Ride-Hailing Platform BluSmart Raises $25 Million in Series A Funding

Electric ride-hailing platform BluSmart has raised $25 million in Series A funding from multiple investors. bp ventures, a venture capital arm of energy major bp, led...

October 1, 2021

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Harsh Shukla

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Finance and M&A

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Solar
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EV Ride-Hailing Platform BluSmart Secures ₹510 Million

BluSmart, an electric ride-hailing platform, announced that it secured ₹510 million (~$6.89 million) in its pre-series A funding round from multiple investors. According...

September 9, 2020

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Harsh Shukla

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Finance and M&A

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Other

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