Blu Smart Mobility

India's first and leading all-electric ride-hailing mobility service.

Launch date

Jan 2019

Employees

Market cap

Enterprise valuation

€168m (Public information from May 2024)

Gurugram Haryana (HQ)

Revenues, earnings & profits over time

USD	2021	2022
Revenues	30.2m	49.0m
% growth	-	62 %

Date	Investors	Amount	Round
-	Mumbai Angels Inflection Point Ventures LetsVenture JITO Angel Network Refex Capital Unreasonable Group	N/A	-
Sep 2021	Mayfield Fund BP Global BP Ventures 100Unicorns Survam Partners	$13.0m	Series A
Mar 2022*	Blacksoil	$1.5m Valuation: $65.0m	Early VC
May 2022*	BP Global BP Ventures Green Frontier Capital	$15.0m	Series A
May 2022*	Blacksoil Alteria Capital Stride Ventures UC Inclusive Credit	$10.0m	Debt
Jan 2023*	N/A	$100m	Debt
May 2023*	N/A	$5.0m	Debt
May 2023*	Mayfield Fund BP Ventures Blacksoil Alteria Capital Stride Ventures 100Unicorns Survam Partners Green Frontier Capital	$37.0m	Series A
Jan 2024*	responsAbility Investments	$20.0m	Debt
Jan 2024*	responsAbility Investments	$5.0m Valuation: $185m	Early VC
May 2024*	N/A	$24.0m Valuation: $185m	Early VC
Total Funding		€97.8m

Tech stackLearn more about the technologies and tools that this company uses.

Financials