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BluSmart reports 77% rise in GMV in first half of FY25

  • Electric vehicle ride-hailing platform BluSmart reported a 77% year-over-year increase in GMV to Rs 275 crore in the first half of FY25.
  • BluSmart expects a rise in demand during the festive season and projects a 50% increase in total rides and a 60% increase in unique riders.
  • The company operates a fleet of over 8,500 EVs in Delhi NCR and Bengaluru and recently expanded to the UAE.
  • In July, BluSmart raised $24 million in a pre-Series B funding round to fuel its expansion plans and build EV charging infrastructure.

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