India’s electric vehicle (EV) ride-hailing and charging infrastructure platform, BluSmart, has garnered a $25 million investment from Switzerland-based responsAbility Investments AG. This funding will facilitate BluSmart’s nationwide expansion of EV charging infrastructure. The investment is part of a broader $500 million climate investment strategy by responsAbility. BluSmart recently raised $24 million in an equity round and secured $200 million in long-term, sustainable EV asset financing. The company operates Southeast Asia’s largest vertically integrated EV ecosystem, with over 4,000 chargers and approximately 6,000 EVs in its ride-hailing fleet.
BluSmart Secures $25 Million Investment from responsAbility Investments for EV Charging Infrastructure Expansion
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