BluSmart, India and South Asia's pioneering and largest vertically integrated EV RideHailing service and EV Charging Infrastructure network, has successfully concluded its Pre-Series B funding round, raising $24 million (Rs2 billion). The round attracted new investors such as responsAbility Investments AG, a prominent impact asset manager, Sumant Sinha, a renowned global leader in the Renewable Energy sector, and the MS Dhoni Family Office, among others. This funding will aid BluSmart in expanding its operations and constructing real EV charging infrastructure and assets in major Indian cities. BluSmart is at the forefront of decarbonizing and electrifying mobility in India on a large scale. Its fleet has grown exponentially from 70 EVs in January 2019 to 7,500 BluSmart EVs across Delhi NCR and Bangalore. BluSmart has logged over 500 million electric kilometers and completed more than 16 million electric trips, saving nearly 40 million kilograms of CO2 emissions since its inception. The service boasts over 4 million app downloads and a top rating of 4.9/5 on both iOS and Android, making it India's highest-rated RideHailing service. It has also provided equitable economic opportunities for approximately 9,800 BluSmart driver partners. Furthermore, BluSmart Charge operates India's largest EV Charging Infrastructure, with 50 EV Charging Hubs spanning 2 million square feet, facilitating the acceleration of EV adoption in India. The 'BluSmart Charge app' was recently launched to offer a seamless and reliable charging experience. BluSmart has shown remarkable growth over the past year, recently surpassing Rs5.5 billion in Annual Revenue Run-rate ($65 million). Punit Goyal, Co-Founder of BluSmart, emphasized the company's goal to leverage the EV revolution by building an integrated energy-infrastructure, mobility, and technology company. Sameer Tirkar, Head of Climate Infrastructure Investments APAC at responsAbility Investments AG, expressed continued support for BluSmart, highlighting its role in creating a comprehensive EV ecosystem. Sumant Sinha, a leading figure in the Renewable Energy sector, noted the importance of eMobility in transitioning to cleaner, emissions-free transportation. Dhoni, through his family office, highlighted the significance of supporting sustainable business models that shape the future of mobility. BluSmart is committed to decarbonizing, electrifying, and revolutionizing mobility in India, aiming for a 100% emission-free future, in line with India's ambitions to lead the global transition to cleaner transport. It has secured $200 million in long-term and sustainable EV asset financing from leading Development Financial Institutions (DFIs).