As of May 28, 2024, BluSmart, an Indian electric ride-hailing company, estimates its annual revenue will almost double to $110 million by March 2025. The company's co-founder, Punit Goyal, also said that BluSmart plans to increase its fleet of electric vehicles in India from 7,500 to 13,000 by March 2024 and to 25,000 over the next three years.
BluSmart share price is based on its funding rounds, demand, and supply, similar to listed markets. As of August 7, 2023, BluSmart's unlisted share price was Rs 3,000 per share with a face value of Rs 10.
Buy Price of Blu-smart Mobility Unlisted Share: ₹2,000 for 500–999 shares, ₹1,950 for 1,000–2,499 shares, ₹1,900 for 2,500–4,999 shares, and ₹1,850 for 5,000–9,999 shares. The 52-week high for the shares was ₹3,599, and the 52-week low was ₹1,850.
Overview: BluSmart provides electric vehicle rides with optimized operations and aims to expand charging infrastructure for sustainable transportation solutions.
BluSmart provides both ride-hailing services with 6,000 electric vehicle (EV) cabs and owns and operates 4,000 EV chargers across 35 locations in the National Capital Region and Bengaluru. This means they not only offer rides but also facilitate charging infrastructure, contributing to the growth of electric mobility in these areas.
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Tata Motors has partnered with BluSmart Mobility to expand their all-electric fleet in the Delhi NCR region by supplying 3,500 XPRES-T EVs. This collaboration marks a significant milestone in promoting environment-friendly travel and demonstrates Tata Motors' commitment to making electric vehicles mainstream.
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