When was Blu-Smart founded?

Blu-Smart was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is Blu-Smart located?

Blu-Smart is headquartered in Gurugram, India. It is registered at 15th Floor, A Block, Westgate Business Bay, S G Road, Jivraj Park, Ahmedabad, Ahmadabad City, Gujarat, India, 380051.

Which legal entities is Blu-Smart associated with?

Blu-Smart is associated with BLU-SMART MOBILITY LIMITED and 3 others.

How many employees does Blu-Smart have?

As of Feb 28, 2025, Blu-Smart has 613 employees, reflecting a 17% year-over-year decline in headcount.

Is Blu-Smart a funded company?

Blu-Smart is a funded company, having raised a total of $159M across 16 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 24, 2019.

How much is Blu-Smart worth?

The last known valuation of Blu-Smart was ₹***** as of Feb 14, 2025.

When was the latest funding round of Blu-Smart?

Blu-Smart's latest funding was a $***** Series A round on Dec 23, 2024, with participation from 45 investors. Its primary sector is Road Transport Tech. In India, the Road Transport Tech sector has seen $371M in funding in 2026 to date.

What is the annual revenue of Blu-Smart?

Annual revenue of Blu-Smart is between ₹100 Cr and ₹500 Cr as on Mar 31, 2024

Where does Blu-Smart rank among its competitors?

Blu-Smart ranks 2nd amongst 385 active competitors, of which 23 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Lithium Urban Technologies, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of Blu-Smart?

Blu-Smart's top competitors include Uber, Ola and Meru. Among them, Lithium Urban Technologies secured the most recent funding round in June, 2026.

Blu-Smart - 2026 Company Profile, Team, Funding, Competitors & Financials

Blu-Smart is a deadpooled company based in Gurugram (India), founded in 2019 by Puneet Singh Jaggi, Anmol Singh Jaggi and Anirudh Arun. It operates as a Platform offering electric vehicle fleet undergoing corporate insolvency resolution process. Blu-Smart has raised $159M in funding from investors like responsAbility, Lightsource BP and BP Ventures, with last known valuation of ₹*****. The company has 385 active competitors, including 23 funded and 6 that have exited. Its top competitors include companies like Uber, Ola and Meru.

Company Details

Platform offering electric vehicle fleet undergoing corporate insolvency resolution process. An insolvency professional has been appointed to manage the entity. The board of directors' powers are suspended, and management is vested in the resolution professional. Correspondence regarding the corporate insolvency resolution process should be directed to the designated email address.

Website: www.blu-smart.com/
Social
Email ID: *****@npvinsolvency.in
Registered Address: 15th Floor, A Block, Westgate Business Bay, S G Road, Jivraj Park, Ahmedabad, Ahmadabad City, Gujarat, India, 380051

Key Metrics

Founded Year

2019

Location

Gurugram, India

Stage

Deadpooled

Total Funding

$159M in 16 rounds

Latest Funding Round

Series A, Dec 23, 2024, $*****

Last Known Valuation

₹***** as on Feb 14, 2025

Investors

responsAbility & 281 more

Ranked

2^nd among 385 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2024

Employee Count

613 as on Feb 28, 2025

Investment & Acquisitions

BatX Energies

Similar Companies

Snap-E Cabs & 128 more

View Blu-Smart's full profile

Blu-Smart is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
BLU-SMART FLEET PRIVATE LIMITED CIN: U63090GJ2019PTC106075 , India, Under CIRP	Jan 14, 2019	₹100 - ₹500 Cr (As on Mar 31, 2024)	250 (As on Feb 01, 2025)
BLU-SMART CHARGE PRIVATE LIMITED CIN: U63090GJ2019PTC106065 , India, Active	Jan 14, 2019	₹50 - ₹100 Cr (As on Mar 31, 2024)	52 (As on Feb 28, 2025)
BLU-SMART MOBILITY LIMITED CIN: U74999GJ2018PLC104895 , India, Under CIRP	Oct 24, 2018	₹100 - ₹500 Cr (As on Mar 31, 2024)	77 (As on Feb 01, 2025)
BLU-SMART MOBILITY TECH PRIVATE LIMITED CIN: U63030GJ2019PTC105970 , India, Under CIRP	Jan 09, 2019	0 - ₹10 Cr (As on Mar 31, 2024)	157 (As on Feb 01, 2025)

Blu-Smart has raised a total funding of $159M over 16 rounds. Its first funding round was on May 24, 2019. Its latest funding round was a Series A round on Dec 23, 2024 for $*****. 45 investors participated in its latest round. Blu-Smart has 154 institutional investors and 128 angel investors.

Here is the list of recent funding rounds of Blu-Smart:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 23, 2024	5686431	Series A	1002831	2371806	2834063	5138789
Jun 12, 2024	7789396	Series A	1310850	2553925	7308521	3398760
May 31, 2024	6523204	Series A	1789212	6643293	responsAbility	Sumant Sinha & 21 more

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View details of Blu-Smart's funding rounds and investors

The founders of Blu-Smart are Puneet Singh Jaggi, Anmol Singh Jaggi and Anirudh Arun.

Here are the details of Blu-Smart's key team members:

Puneet Singh Jaggi: Former Co-Founder of Blu-Smart and founder of 2 other companies, Prescinto and IBM. They are also an angel investor in 2 startups.
Contact Info: 1 email address
Anmol Singh Jaggi: Co-Founder of Blu-Smart and founder of 1 other company. They are also an angel investor in 3 startups.
Contact Info: 1 phone number
Anirudh Arun: Former Co-Founder of Blu-Smart and founder of 1 other company.
Contact Info: 1 email address

Blu-Smart's Board of Directors

Blu-Smart's board has 1 active member. Anmol Singh Jaggi is part of team.

Here is the list of Blu-Smart's board of directors:

Name	Type	Representing	Status	Duration
Anmol Singh Jaggi	Team	-	Current	7y 9m
uitaguh	Investor	-	Past	1y 8m
edgmlrq	Investor	buauftf	Past	2y 2m
ndhyzmz	Independent board member	-	Past	1y 7m

View details of Blu-Smart's Founder profiles and Board Members

Blu-Smart's employee count trend

Blu-Smart has 613 employees as of Feb 25. Here is Blu-Smart's employee count trend over the years:

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Top competitors of Blu-Smart include Uber, Ola and Meru. Here is the list of Top 10 competitors of Blu-Smart, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Uber 2009, San Francisco (United States), Public	Network providing on-demand transportation, delivery, and business management solutions	$13.2B	Toyota, Fidelity Investments & 192 others	89/100
2nd	Blu-Smart 2019, Gurugram (India), Deadpooled	Platform offering electric vehicle fleet undergoing corporate insolvency resolution process	$159M	SoftBank Group, BlackSoil & 280 others	79/100
3rd	Ola 2010, Bengaluru (India), Series J	Operator of a network providing on-demand transportation and mobility solutions	$3.84B	Tiger Global Management, Steadview & 150 others	73/100
4th	Meru 2007, Mumbai (India), Acquired	App-based platform offering ride-hailing services	$135M	True North, Brand Capital & 12 others	72/100
5th	Snap-E Cabs 2022, Kolkata (India), Seed	Operator of electric vehicle transportation services providing ride bookings via application	$5.03M	Inflection Point Ventures, Yellowrain & 6 others	68/100
6th	TaxiForSure 2011, Bengaluru (India), Acquired	Car rental aggregator	$45.2M	Accel, Helion Venture Partners & 11 others	63/100
7th	Evera Cabs 2019, Delhi (India), Seed	Provider of an application for booking electric vehicle transportation services	$14M	IEG, Direct Capital & 5 others	61/100
8th	Lithium Urban Technologies 2015, Bengaluru (India), Acquired	Platform offering operator of electric mobility services, fleet management, and charging infrastructure	$26.8M	INDAG Rubber, Lightrock India & 46 others	60/100
9th	Cab-E 2019, Mumbai (India), Series A	Operator of a technology platform providing all-electric vehicle cab booking services	$6.27M	Alluring Commercial, Exmark Distributors ... & 122 others	58/100
10th	WTI 2009, Delhi (India), Public	Provider of vehicle transfer and tech enabled solutions	-	-	54/100

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Founders own 19.51%, Funds (largest shareholder) own 30.75%, Enterprises own 10.75% and Angels own 2.33%. The net worth of Blu-Smart's founders is INR 570Cr as of Feb 14, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	19.51%	570Cr	9488946	9823266	4816883	5068201
Anmol Singh Jaggi	2244136	2451091	2514311	6654653	2286213	9984566
Fund	30.75%	898Cr	9177581	6860239	3218094	1917003
We Founder Circle	0	0	0	0	0	0
Enterprise	10.75%	314Cr	9725798	8760505	5557151	9809906
Angel	2.33%	68Cr	54	47	37	37
Sumant Sinha	0	0	0	0	0	0
Other People	10.71%	313Cr	7268427	4653948	4935073	1503938
ESOP Pool	8.21%	240Cr	6794204	3863203	3961140	1552783
Other Investors	17.76%	519Cr	4994058	5838591	4236981	4147840
Total	100.00%	2,920Cr	9663291	6589273	1730239	5494585