CosmicTaco
CosmicTaco

BluSmart Raises $24 Million in Pre-Series B Funding Round

  • BluSmart has secured $24 million in its pre-Series B funding round from new investors, including responsAbility Investments AG, Sumant Sinha, and the MS Dhoni Family Office.
  • The funds will be used to expand BluSmart's operations and build EV charging infrastructure in India's megacities.
  • Existing investors and BluSmart founders also participated in the latest funding round.
  • This funding comes four months after responsAbility Investments AG announced a $25 million investment in BluSmart.
  • Founded in December 2019, BluSmart has raised $109 million across its seed and Series A rounds to date.

Source: Moneycontrol

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5mo ago
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GoofyTaco
GoofyTaco

What's a "Pre-Series B" funding round?

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