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24 May 2022, 12:48

Ride-hailing platform BluSmart raises $25 million, to add 5K electric cars

Ride-hailing platform BluSmart raises $25 million, to add 5K electric cars

Ride-hailing platform BluSmart raises $25 million, to add 5K electric cars

Electric ride-hailing service BluSmart on Tuesday announced it has raised $25 million as part of its extended Series A1 round. In total, the startup has raised $50.7 million as part of its Series A round. BluSmart said that its EV ride-hailing platform aims to add 5,000 electric cars and scale up its EV Superhubs across the Delhi-NCR.

Former Twitter India head is looking to wind down his metaverse college in less than six months
Kritti Bhalla
23 May 2022, 16:54

Former Twitter India head is looking to wind down his metaverse college in less than six months

Twitter India’s former head Manish Maheshwari and Microsoft’s former executive Tanay Pratap are considering winding down their latest venture Invact Metaversity — a higher education platform set up in the metaverse — within six months of its launch. Its CEO Maheshwari made this announcement in a series of tweets on May 23, 2022.

India’s first self-driving cars startup bags $1.7 million
Kritti Bhalla
23 May 2022, 16:45

India’s first self-driving cars startup bags $1.7 million

Minus Zero — India’s first startup building affordable fully self-driving cars in India — has raised $1.7 million in seed round led by Chiratae Ventures. JITO Angel Network, a few senior executives from American chipmaker NVIDIA and US-based ride hailing service Lyft that competes with Uberalso participated in the round.