Indian electric vehicle (EV) ride-hailing platform BluSmart Mobility could close its Series B funding round at $200 million or less this month, said investors who were approached by the startup for funding but did not want to be named.
In May this year, BluSmart Mobility Pvt Ltd, which operates the ride-hailing platform BluSmart, raised $25 million in an extended Series A round, with $15 million in equity capital and venture debt of $10 million. Including this extended round, BluSmart’s total Series A funding came to $50.7 million.