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EVs

Indian EV cab company BluSmart raises $25 million in funding

Indian EV cab company BluSmart raises $25 million in funding

BluSmart, an Indian-based electric vehicle cab company has raised $25 million in its new funding round combining equity and debt funding. * The funds will be used to add to its fleet of EV cars to a total of 5,000 and improve its marketing, it claims. * BluSmart is a ride-hailing
By Oluwajuwonlo Afolabi May 24, 2022
Indian electric scooter maker Ather Energy raises $128 million

Indian electric scooter maker Ather Energy raises $128 million

India-based electric scooter maker, Ather Energy [https://www.atherenergy.com/] has raised $128 million from the National Investment and Infrastructure Fund (NIIF), the Indian government's sovereign wealth fund, and Hero MotoCorp. * The company claims the fund will be used to increase its manufacturing facilities, invest in research and development, expand
By Oluwajuwonlo Afolabi May 12, 2022

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