Deepika Padukone and other investors support EV startup ‘Blu-Smart Mobility’ by funding $3 million

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Deepika Padukone invests in Blu-Smart Mobility angel round funding

Blu Smart Mobility
Blu Smart Mobility gets funding during angel round funding from Deepika Padukone family investment company and others
  Electric Vehicle startups are attracting many investors from different field of experience and work. But for investment this doesn’t matter a lot. What matters is the faith and believe of the investors in that startup. If anyone finds the future growth and understand the future demand of the services provided by the startups then simply they invest in that. We have got to know about the bollywood singer Sukhbir Singh invested in an electric vehicle startup “eBikeGo“. Now we have the news where Deepika Padukone investment company and other more investors invested $3 million in angel funding round of Blu-Smart Mobility, A Gurgaon based electric cab startup. Well, this is not the first investment from the Deepika Padukone. She earlier also invested into “Yogurt-maker Epigamia” and space technology startup “Bellatrix Aerospace“.


Blu Smart Mobility is a Gurgaon based electric cab service provider company. It is India’s first all electric shared smart mobility platform for efficient, affordable, intelligent and sustainable transportation. The operation started in January 2019 from Delhi-NCR and Gurgaon region now grown to a significant scale. The company has started with only 5 numbers of Mahindra eVarito car and now operating successfully in Delhi NCR, Gurgaon and Faridabad with all more than 400 electric cars in the fleet.

Founders: Puneet Singh Jaggi, Anmol Singh Jaggi, and Punit K Goyal. Founded in 2019.

Blu Smart is first of its kind 100% electric mobility platform that partners with world’s leading electric vehicle manufacturers, mobility technologies and unlocks the era of smart urban electric mobility for consumer. Currently the company has only Mahindra’s eVarito in the fleet but in future Tata Tigor will also be added very soon. Blu Smart Mobility is also in talk with the Nissan for bringing Nissan Leaf (the premium electric hatchback) to Blu Smart Mobility platform for Indian customers.

Blu Smart Mobility in Partner with EESL India:

Partnership with EESL India to lease 500 eVarito.   EESL India– Energy Efficeicncy Services Limited is a joint venture of PSUs under the Ministry of Power. This organization supports other startups or projects which contribute into the energy saving and green environment. Blu Smart has done partnership under which EESL will provide 500 numbers of eVarito on lease to Blu Smart Mobility in 2020.  

Investment and Partnership with Blu-Smart Mobility:

Blu Smart Mobility on Tuesday said, it has raised an angel round of $3 million from KA Enterprises, the investment office of Deepika Padukone; JITO Angel Network; Kalpavriksh Trust (Centrum VC Fund); Survam Partners (family office of Hero Group’s Suman Kant Munjal), along with other prominent names.  Mahindra electric has also done partnership with the Blu-Smart Mobility under which they will deliver total 500 electric eVarito to the Blu-Smart.

Blu Smart Service Network:
Today company has announced its services to come very soon in Mumbai city. At present people from Delhi NCR and Gurgaon can avail the cab service by booking via android or iOS mobile application. The company is consistently working to grow its network and for the same building charging station network also. The ride rates are Rs.14/- to Rs.15/- rupees per kilometers. The company spoke person says- we are not in competition with Ola and Uber, but we are here to provide a unique ride experience by without compromising any ride quality. For safety purpose company has taken some measures also-

1) Drivers have well trained.
2) Any cab booking will be only allowed if it has more than 50km battery range remaining.
3) SOC button into mobile application is very useful. If any rider presses that button, then the company can remotely remobilize the car for safety purpose. 

My Words:

These types of services are already in demand in other countries but in India this will be a very new experience. Once the other brand with a higher range of electric vehicle will be on-board to Blu Smart Mobility platform then intercity services will also be open. By giving the riding experience of and electric vehicle to every customer company is also providing the awareness about the EVs among the Indian citizen. Earlier Mahindra electric was the only in the game of electric vehicles for reducing the carbon footprint, but Blu Smart Mobility is also contributing into that activity. This business will grow with time and company founders as well as an investor is playing a big role in that.
blu smart mobility
Blu Smart mobility- Mahindra eVarito