BluSmart Overview
- Year Founded
-
2018
- Status
-
Private
- Employees
-
500
- Latest Deal Type
-
M&A
- (Announced)
- Investors
-
61
BluSmart General Information
Description
Developer of an electric mobility platform designed to facilitate sustainable transportation services. The company's tool integrates electric vehicles with a user-friendly application, offering real-time tracking, fleet management, and seamless payment options, enabling businesses and individuals to reduce their carbon footprint while promoting efficient urban mobility.
Contact Information
Website
www.blu-smart.comCorporate Office
- A-2, 12th Floor, Palladium Corporate Road
- Prahladnaga
- Ahmedabad, Gujarat 380051
- India
Corporate Office
- A-2, 12th Floor, Palladium Corporate Road
- Prahladnaga
- Ahmedabad, Gujarat 380051
- India
BluSmart Timeline
BluSmart Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Merger/Acquisition | 11-Jun-2026 | Announced | Generating Revenue | |||
| 10. Later Stage VC | 07-Jul-2025 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series B) | 09-Jan-2025 | Cancelled | Generating Revenue | |||
| 8. Later Stage VC | 07-Oct-2024 | Cancelled | Generating Revenue | |||
| 7. Later Stage VC (Series A) | 29-Jan-2024 | Completed | Generating Revenue | |||
| 6. Secondary Transaction - Private | 16-May-2023 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 04-May-2023 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 30-Aug-2022 | Completed | Generating Revenue | |||
| 3. Debt - General | 24-Mar-2022 | $9.8M | Completed | Generating Revenue | ||
| 2. Seed Round | 07-Sep-2020 | $6.85M | $9.8M | Completed | Generating Revenue |
BluSmart Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A2 CCPS | ||||||||
| Series A1 CCPS | ||||||||
| Ordinary | ||||||||
| Preference CCPS | ||||||||
| Preference CCPS | 219,425 | $0.122068 | $5 | $5 | 1x | $5 | 2.29% | |
| Ordinary | 324,895 | $0.122068 | $5 | $5 | 1x | $5 | 3.39% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
BluSmart Comparisons
Industry
Financing
Details
BluSmart Competitors (19)
One of BluSmart’s 19 competitors is Ola, a Venture Capital-Backed company based in Bengaluru, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ola | Venture Capital-Backed | Bengaluru, India | ||||
| Carzonrent India | Formerly PE-Backed | New Delhi, India | ||||
| SmartE | Venture Capital-Backed | New Delhi, India | ||||
| Bolt (Automotive) | Venture Capital-Backed | Tallinn, Estonia | ||||
| Oye! Rickshaw | Venture Capital-Backed | New Delhi, India |
BluSmart Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
BluSmart Patents
BluSmart Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12056638-B2 | Systems and methods for allocating vehicles to ride requests | Active | 19-Feb-2021 | ||
| WO-2022058822-A1 | Systems and methods for allocating vehicles to ride requests | Inactive | 15-Sep-2020 |
BluSmart Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
BluSmart Investors (61)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Aarii Ventures | Family Office | Minority | ||
| Klub | Venture Capital | Minority | ||
| MS Dhoni family office | Family Office | Minority | ||
| We Founder Circle | Angel Group | Minority | ||
| Blue Ashoka | Venture Capital | Minority |
BluSmart Investments (1)
BluSmart’s most recent deal was a Early Stage VC with BatX Energies for . The deal was made on 19-Dec-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| BatX Energies | 19-Dec-2023 | Early Stage VC | Environmental Services (B2B) |
BluSmart Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| BluSmart (UAE Operations) | United Arab Emirates |
BluSmart FAQs
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When was BluSmart founded?
BluSmart was founded in 2018.
-
Where is BluSmart headquartered?
BluSmart is headquartered in Ahmedabad, India.
-
What is the size of BluSmart?
BluSmart has 500 total employees.
-
What industry is BluSmart in?
BluSmart’s primary industry is Automotive.
-
Is BluSmart a private or public company?
BluSmart is a Private company.
-
What is BluSmart’s current revenue?
The current revenue for BluSmart is .
-
How much funding has BluSmart raised over time?
BluSmart has raised $141M.
-
Who are BluSmart’s investors?
Aarii Ventures, Klub, MS Dhoni family office, We Founder Circle, and Blue Ashoka are 5 of 61 investors who have invested in BluSmart.
-
Who are BluSmart’s competitors?
Ola, Carzonrent India, SmartE, Bolt (Automotive), and Oye! Rickshaw are some of the 19 competitors of BluSmart.
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