See Details >
For Growing Businesses
See Details >
For Expanding Enterprises
See Details >
For Large Corporations
The structured credit arrangement is valued at around Rs 25 crore.
Date: June 21, 2023
Mumbai-Tata Motors Finance Ltd., one of the automotive industry financiers, has teamed with BluSmart Mobility, a leading electric vehicle ride-hailing service and charging infrastructure operator, to expand its fleet and operations in Delhi NCR.
The credit arrangement is available in the form of an umbrella finance cum lease solution, allowing BluSmart to increase its fleet by 200 electric vehicles. The structured credit arrangement is valued at around Rs 25 crore.
Anmol Singh Jaggi, CEO and Co-Founder of BluSmart, and Samrat Gupta, MD & CEO of Tata Motors Finance; Anand Bang - Chief Operating Officer; Surinder Kamboj - Business Head Passenger Vehicles, as well as other dignitaries and stakeholders from Tata Motors Finance and BluSmart Mobilty, attended the signing ceremony.
Samrat Gupta, MD& CEO of Tata Motors Finance said, “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 of Blue Smart added, “We are excited to partner with Tata Motors Finance to further strengthen the growth of BluSmart. 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.”
Race Auto India is a B2B publication that offers insightful analysis on the latest news, views, and trends in the automotive industry and its associated sectors. With over 10 years of experience in the field of Commercial Vehicles, Logistics, and Market Research, the team at Race Auto India comprises distinguished experts who have a proven track record of delivering high-quality researched content.
 1.png?w=96&q=75){kind=small}
 1.png?w=96&q=75){kind=small}
 1.png?w=96&q=75){kind=small}
 1.png?w=96&q=75){kind=small}
 1.png?w=96&q=75){kind=small}
