Tata Motors Finance Extends INR 25 Cr Credit To BluSmart

Mobility Outlook Bureau
22 Jun 2023
10:08 AM
1 Min Read

The INR 25 crore credit facility is offered in the form of an umbrella financing cum lease solution that will enable BluSmart to expand its fleet by 200 EVs.


Tata Motors Finance

Tata Motors Finance (TMF) has partnered with BluSmart Mobility to facilitate the expansion of its fleet and operations in Delhi NCR. The INR 25 crore credit facility is offered in the form of an umbrella financing cum lease solution that will enable BluSmart to expand its fleet by 200 EVs.

Commenting on this development, Samrat Gupta, MD & CEO, TMF, stated, 'TMF is dedicated to providing solutions to EV fleet operators within the Tata Motors ecosystem in fulfilling their mobility expansion needs through tailor-made credit offerings.”

Anmol Singh Jaggi, CEO & Co-Founder, BluSmart, said, 'We are excited to partner with TMF 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.'

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