VC Fund Investments
EV-based delivery startup BluWheelz raises $1-M bridge round
BluWheelz , a Delhi-based delivery company with an exclusive electric vehicle (EV) fleet, has raised USD 1 million in bridge funding from Chakra Growth Fund (formerly Riso Capital) and Venture Catalysts with participation from existing investors FaaD Network and LetsVenture.Operating in 18 cities with a fleet covering 2-wheelers, 3-wheelers, and 4-wheelers, BluWheelz plans to integrate 6-wheelers as well.
In Aug 2023, BluWheelz had attracted funding from FaaD Network, LetsVenture, others.
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