BluSmart Seeks Climate Funds To Revive Operations: Report

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SUMMARY

The report said that the size and investment offered by the two funds remain larger than what was offered by Everstone Capital for acquisition

Last week Inc42 exclusively reported that EverStone is in talks to acquire the EV ride-hailing startup for around INR 800-1,000 Cr

The report further said that some of the existing investors are also looking to infuse more capital into the company

Troubled ride-hailing major BluSmart is reportedly in discussions with two climate…



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BluSmart Seeks Climate Funds To Revive Operations: Report


SUMMARY

The report said that the size and investment offered by the two funds remain larger than what was offered by Everstone Capital for acquisition

Last week Inc42 exclusively reported that EverStone is in talks to acquire the EV ride-hailing startup for around INR 800-1,000 Cr

The report further said that some of the existing investors are also looking to infuse more capital into the company

Troubled ride-hailing major BluSmart is reportedly in discussions with two climate…



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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