Starting January 1, 2025, BluSmart is here to make your journeys reliable, safer, and always on time. After months of dedication and hard work, we’re excited to bring this dream to life in your city.
— BluSmart (@BluSmartIndia) December 28, 2024
Founded in 2019, BluSmart is touted to be South Asia’s first and largest all-electric ride-hailing as well as EV charging infrastructure network. With a fleet of over 8,500 sedans and premium BluSmart EVs, it has already completed more than 21 million rides, covering a total distance of 680 million clean kilometres.
Currently, the company is clocking a revenue of $90 million (Annualised Revenue Run Rate).
In June this year, BluSmart launched its maiden international service in the UAE as it introduced a premium all-electric limousine.
Its EV charging infrastructure has 5,800 charging stations spread across 50 hubs in Bengaluru and Delhi NCR. Altogether, it covers over two million square feet and is supported by a network of more than 10,000 active driver partners.
It is known for no ride cancellations as well as comfortable, reliable, and spacious rides.
Recently, BluSmart announced that its asset-leasing programme, Assure by BluSmart, crossed a major milestone after it surpassed the book value of ₹100 crore within its maiden year after launch.
Under this initiative, partners who have purchased electric vehicles (EVs) are allowed to lease them to BluSmart. Once integrated into the platform, these vehicles are then used for passenger trips to generate earnings.
In July 2024, BluSmart, in collaboration with the Small Industries Development Bank of India (SIDBI), introduced more than 140 electric cars under the EV4ECO scheme to enhance electric vehicle adoption in the national capital and address the issue of air pollution.
SIDBI, which has been established under an Act of Parliament, serves as the principal financial institution for the promotion, financing, and development of the MSME sector in the country.
