BluSmart raises Rs 37 Cr in pre-Series A round

Electric cab-hailing app BluSmart has raised around Rs 37 crore or $5 million in its pre-Series A round, said two sources aware of the development. This would be the second financing round for the Gurugram-based venture since September last year. BluSmart had raised an angel round of $3 million from JITO Angel Network, Mayfield, KA Enterprises, the investment office of Deepika Padukone, Kalpavriksh Trust and others in September last year.