BluSmart Mobility, the India based electric mobility startup, that offers EV ride-hailing services and charging infrastructure across Delhi NCR, Bengaluru and other megacities in India, has raised USD 25m in a mezzanine structure, including partial equity dilution and debt, from ResponsAbility, the Switzerland based sustainable asset manager specializing in impact investing. The funding comprises USD 20m in debt and USD 5m of equity.
- Target – BluSmart
- Buyer – Responsability Investments AG
- Seller – Shareholders