Five Indian EV Cab Companies Decarbonising Urban Transport Updated On Wed, Jul 19th, 2023 by Saurenergy In the last few years, several indigenous electric-only cab services have come into the picture in India. While several of these firms tried to capitalize on the new emerging market, it also aided in decarbonizing the transport fleets in the country. Several of these locally-developed companies and startups, with their expanding fleets and plans, […] Read more
Amit Kumar Joins As The New CEO (EV Leasing) Of Gensol Engineering Updated On Thu, Jun 1st, 2023 by Saurenergy Gensol Engineering Limited, the EPC arm of the Gensol Group, recently appointed Amit Kumar as its new Chief Executive Officer (CEO) for its Electric Vehicle (EV) Leasing Business. This arm of the company deals with leasing solutions to accelerate the faster adoption of electric vehicles in India both at the business and individual levels. Kumar […] Read more
Three Firms That Have Surprised Us With Their Plunge Into EV Charging Updated On Wed, Nov 9th, 2022 by Saurenergy The EV charging business–fueling a car with electric power rather than petroleum-based gas or diesel – has always been a loss for oil companies who are being dragged into the electric future. It may not be that way anymore. With an increase of EVs on roads, many old industrial mammoths, especially major oil firms, are […] Read more
Tata Motors Bags Biggest EV Fleet Order From BluSmart Updated On Mon, Jun 6th, 2022 by Saurenergy Close on the heels of the $50 million fund raise by BlueSmart, it has placed an order for 10,000 XPRES T EVs with Tata Motors, presently the largest four wheeler EV manufacturer and seller in the country,. This deployment of 10,000 units makes this the biggest ever EV fleet order in India. With deliveries […] Read more
BluSmart raises $50 million to expand its electric car fleet Updated On Wed, May 25th, 2022 by Saurenergy BluSmart, an electric ride-hailing platform from the promoters behind Renewable firm Gensol, has announced that it has raised $50 million and it will utilize the funds to purchase 5,000 more electric cars in order to scale up its electric vehicle hubs. The funds raised comprise a mix of equity and venture debt. BluSmart calls itself […] Read more
EV Ride-hailing Startup BluSmart Raises $25 Mn in Series A Round Updated On Thu, Sep 30th, 2021 by Saurenergy BluSmart, an EV ride-hailing startup, has raised $25 million in its Series A round led by BP Ventures. Mayfield India Fund, 9Unicorns and Survam Partners along with existing investors have also joined the round. BP Ventures has led the round by putting $13 million in the current round. This is the first investment in an […] Read more
Jio-bp & BluSmart Will Set up EV Charging Infra in India Updated On Thu, Sep 9th, 2021 by Saurenergy Jio-bp, the fuels and mobility joint venture between Reliance Industries Limited and bp, is partnering with major all-electric ride-hailing platform BluSmart to set up a network of commercial large scale EV charging stations. As part of the partnership, Jio-bp will set up these stations for passenger electric vehicles and fleets across the country. Running the country’s […] Read more
EV Ride Hailing Platform BluSmart Raises $7 mn in Funding Updated On Tue, Sep 8th, 2020 by Saurenergy Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. The funding round included investors like Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd, JITO Angels, […] Read more
