Indian Cab Aggregator Secures $75 Million Loan To Acquire 6,000 EVs

Credit to Author: Saurabh| Date: Fri, 28 Apr 2023 13:05:31 +0000

Homegrown Blusmart Mobility has secured debt to acquire a massive fleet of electric vehicles. According to media reports, government-owned financial entity Power Finance Corporation (PFC) has sanctioned a loan worth $75 million to Blusmart Mobility. The company competes with Uber and Ola Cabs in cab aggregation services. However, Blusmart operates only electric cars. Funds secured […]

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