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Switzerland-based responsAbility to invest USD 25 mln in BluSmart, ET EnergyWorld

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Mumbai: Switzerland-based asset manager responsAbility Investments AG will invest up to USD 25 million (around Rs 208 crore) in BluSmart, a domestic electric vehicle ride hailing and charging infrastructure platform. A joint statement on Monday said the investment will help BluSmart in expanding its EV (Electric Vehicle) charging infrastructure across the country.

Last month, the platform secured USD 24 million in equity round in addition to raising…



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