BluSmart’s New App To Locate Nearby EV Charging Stations

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SUMMARY

The app, BluSmart Charge, was launched on android and iOS platforms

As per the company, the app will cater to all EV users, including fleet operators and individuals, providing mobility convenience and meeting diverse customer needs across Delhi NCR and Bengaluru

Founded in 2019 by Anmol Jaggi and Punit K Goyal, BluSmart offers EV ride hailing services and charging infrastructure across Delhi NCR, Bengaluru and other megacities in India

Electric mobility startup BluSmart has rolled out a new app for its Delhi-NCR and Bengaluru users to help them locate nearby EV charging stations.

The app, BluSmart Charge, was launched on Android and iOS platforms.

As per the company, the app will cater to all EV users, including fleet operators and individuals, providing mobility convenience and meeting diverse customer needs across Delhi NCR and Bengaluru.

Founded in 2019 by Anmol Jaggi and Punit K Goyal, BluSmart offers EV ride hailing services and charging infrastructure across Delhi NCR, Bengaluru and other megacities in India. 

BluSmart Launches New App To Help Users Locate Nearby EV Charging StationsBluSmart Launches New App To Help Users Locate Nearby EV Charging Stations

The app will help in locating nearby charging stations, specifying the distance from the user, also the availability of AC and DC connectors as per the vehicle and real time updates of the number of stations available.

It will also streamline the payment process for both fleet operators and public users, making it convenient for users to access charging services on the go.

It competes against the likes of Bengaluru-based Lithium, Delhi-based eee-Taxi, Kolkata-based Snap-E Cabs as well as ride-hailing giants like Ola and Uber.

BluSmart also plans to expand its charging infrastructure and build large-scale EV charging superhubs, enabling the expansion of its electric ride-hailing service.

Tushar Garg, cofounder and chief executive, BluSmart, said, “As we expand our footprint, the magnitude and density of EV charging. India is undergoing an e mobility transition and BluSmart’s deep network of established infrastructure and well equipped charging hubs will contribute to the rapid adoption and ease of access to charging stations.”

The startup currently operates over 5,500 EVs and aims to increase the fleet size to 8,000 across Delhi NCR and Bengaluru by next year. It claims to have reported a revenue of over INR 390 Cr in FY24, a 144% higher from INR 160 Cr in FY23.

BluSmart’s gross business value (GBV) has experienced growth, achieving a CAGR of 300%.BluSmart crossed an annual run rate (ARR) of INR 500 Cr ($60 Mn) in FY24, clocking 102% growth over the previous year.





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BluSmart’s New App To Locate Nearby EV Charging Stations


SUMMARY

The app, BluSmart Charge, was launched on android and iOS platforms

As per the company, the app will cater to all EV users, including fleet operators and individuals, providing mobility convenience and meeting diverse customer needs across Delhi NCR and Bengaluru

Founded in 2019 by Anmol Jaggi and Punit K Goyal, BluSmart offers EV ride hailing services and charging infrastructure across Delhi NCR, Bengaluru and other megacities in India

Electric mobility startup BluSmart has rolled out a new app for its Delhi-NCR and Bengaluru users to help them locate nearby EV charging stations.

The app, BluSmart Charge, was launched on Android and iOS platforms.

As per the company, the app will cater to all EV users, including fleet operators and individuals, providing mobility convenience and meeting diverse customer needs across Delhi NCR and Bengaluru.

Founded in 2019 by Anmol Jaggi and Punit K Goyal, BluSmart offers EV ride hailing services and charging infrastructure across Delhi NCR, Bengaluru and other megacities in India. 

BluSmart Launches New App To Help Users Locate Nearby EV Charging StationsBluSmart Launches New App To Help Users Locate Nearby EV Charging Stations

The app will help in locating nearby charging stations, specifying the distance from the user, also the availability of AC and DC connectors as per the vehicle and real time updates of the number of stations available.

It will also streamline the payment process for both fleet operators and public users, making it convenient for users to access charging services on the go.

It competes against the likes of Bengaluru-based Lithium, Delhi-based eee-Taxi, Kolkata-based Snap-E Cabs as well as ride-hailing giants like Ola and Uber.

BluSmart also plans to expand its charging infrastructure and build large-scale EV charging superhubs, enabling the expansion of its electric ride-hailing service.

Tushar Garg, cofounder and chief executive, BluSmart, said, “As we expand our footprint, the magnitude and density of EV charging. India is undergoing an e mobility transition and BluSmart’s deep network of established infrastructure and well equipped charging hubs will contribute to the rapid adoption and ease of access to charging stations.”

The startup currently operates over 5,500 EVs and aims to increase the fleet size to 8,000 across Delhi NCR and Bengaluru by next year. It claims to have reported a revenue of over INR 390 Cr in FY24, a 144% higher from INR 160 Cr in FY23.

BluSmart’s gross business value (GBV) has experienced growth, achieving a CAGR of 300%.BluSmart crossed an annual run rate (ARR) of INR 500 Cr ($60 Mn) in FY24, clocking 102% growth over the previous year.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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