BluSmart, an EV ride-hailing service, launches in Mumbai on January 1st, initially with an invite-only group. The company, founded in 2019, operates in Delhi NCR and Bengaluru, boasting 8,500 EVs and 21 million rides. Recent funding rounds secured INR 200 crore, adding to its $180 million total. BluSmart's asset-leasing program, 'Assure,' surpassed INR 100 crore in book value.
