Tata Motors Finance extends Rs 25 crore structured credit facility for BluSmart Mobility’s EV fleet expansion
The said credit facility is offered in the form of an umbrella financing cum lease solution that will enable BluSmart to expand its fleet by 200 electric vehicles.
4954 Views
Tata Motors Finance (TMF) has partnered with EV ride hailing service provider BluSmart Mobility, to facilitate the expansion of its fleet and operations in Delhi NCR.
The said credit facility is offered in the form of an umbrella financing cum lease solution that will enable BluSmart to expand its fleet by 200 electric vehicles.
Samrat Gupta, MD and CEO of Tata Motors Finance, stated, “Tata Motors Finance is dedicated to provide solutions to EV fleet operators within TML ecosystem in fulfilling their mobility expansion needs through tailor-made credit offerings.”
Anmol Singh Jaggi, CEO and Co-Founder, BluSmart, said, “The association will enable us to expand our fleet and enhance our presence in the market, providing efficient, reliable, and eco-friendly transportation services to our consumers.”
RELATED ARTICLES
NRB Bearings Net Loss Down by 106% in Q4
Arunima Pal
14 May 2025
The net profit after tax for FY 2025 was ₹83.73 crores, compared to ₹238.80 crores in FY 2024.
VECV sees CV Market grow in Single Digits in FY26 on Replacement, Infra Demand
Ketan Thakkar
14 May 2025
After leading LMDT space in FY25, VE Commercial Vehicles sees structural tailwinds and network gains powering next phase...
Tata Elxsi Partners with Mercedes-Benz for Vehicle Software Development
Arunima Pal
14 May 2025
Tata Elxsi is working with leading OEMs across the world to develop SDV platforms, at lowered costs and shared accountab...
