BluSmart, an electrical automobile (EV) ride-hailing and charging community in South Asia, has reported a 77% year-on-year enhance in Gross Merchandise Worth (GMV), reaching INR 275 crore for the primary half of the 2025 fiscal yr. This marks an increase from INR 155 crore in the identical interval final yr, attributed to elevated demand for sustainable transportation.
The corporate anticipated an additional increase in ridership in the course of the festive season, with projections suggesting a 50% enhance in whole rides and a 60% rise in distinctive riders from October to December.
BluSmart co-founder Punit Goyal highlighted the function of rising rider belief and a shift in direction of eco-friendly choices, noting an uptick in leases, airport transfers, and every day rides. “The expansion in income and GMV displays each rider belief and the demand for sustainable mobility choices,” he mentioned.
With a fleet of over 8,500 EVs, BluSmart has logged 650 million kilometers throughout 20 million rides, decreasing CO2 emissions by roughly 47,000 tons. Its charging infrastructure contains greater than 5,000 stations unfold throughout 50 hubs in Delhi NCR and Bengaluru.
