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blusmart funding: BluSmart raises $25 million in mix of debt and equity from ResponsAbility

Indian EV ride-hailing platform BluSmart has raised $25 million from ResponsAbility to expand its EV charging infrastructure. The investment includes $20 million in debt and $5 million in equity funding. BluSmart currently operates 6,000 EV cabs and owns 4,000 EV chargers across Delhi-NCR and Bengaluru. ....

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Switzerland-based responsAbility to invest $25 million in BluSmart

A joint statement on Monday said the investment will help BluSmart in expanding its EV (Electric Vehicle) charging infrastructure across the country. ....

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Byju's $200-million rights issue; Indian crypto platforms bounce back

Edtech major Byjus beset with internal and external challenges rolled out a rights issue to raise up to $200 million. In its desperate attempt to raise much-needed capital, it s ready to take a 99% cut in valuation. This and more in todays ETtech Top 5. ....

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Swiss impact investor responsAbility to invest in BluSmart

Switzerland-headquartered impact investor responsAbility will invest up to $25 million (Rs 207 crore) in electric mobility startup BluSmart.

The investment comes as a part of responsAbility’s .. ....

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angel investors: Shift in sentiment: Angel investors exercise caution amid changing startup dynamics

Angel investors have become watchful about putting their money in startups as their focus shifts from breathtaking concepts to solid business models. ....

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