BluSmart, an electric mobility service, signed a deal with Tata Power to source 30 MW of green energy. This allows BluSmart to power its charging infrastructure and eliminate indirect emissions, becoming the first mobility player in India to achieve zero emissions.
The CEO of Uber, Dara Khosrowshahi, has big plans for India. However, the company is contending with an ever-shifting regulatory landscape, ambitious challengers and a bleeding balance sheet.
The order issued by Karnataka’s transport department has set uniform minimum fares for both app-based cabs and city taxis depending upon vehicle cost. This will require ride-hailing companies to rework their business models in the state and search for new ways to remain competitive.
New Delhi, Switzerland-based impact investor responsAbility on Monday announced that it will invest up to $25 million in EV ride-hailing and charging provider
BluSmart is a growing rival of Ola and Uber. With an aim to boost its battery charging infrastructure, the startup has now received Rs 2000000000 funding in a fresh round.