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Daily Brief Private Markets: BluSmart raises $24m to develop large-scale EV charging hubs and more

In today’s briefing:

  • BluSmart raises $24m to develop large-scale EV charging hubs
  • Micoworks scores US$24.5M to expand its marketing platforms into SEA | e27


BluSmart raises $24m to develop large-scale EV charging hubs

By Tech in Asia

  • BluSmart Unlike other players in India’s crowded EV scene, BluSmart Mobility does not build its own electric vehicles.
  • Instead, the company is a ride-hailing firm that leases EV models like the Tata e-Tigor, MG ZS, and Hyundai Kona to be part of its 5,500-strong fleet.
  • But an equally important of BluSmart’s business is its charging infrastructure division.

Micoworks scores US$24.5M to expand its marketing platforms into SEA | e27

By e27

  • Micoworks, a marketing company that optimises communication between companies and their customers, has raised JPY 3.5 billion (~US$24.5 million) in a Series B funding round.
  • Vertex Growth, a growth-stage VC fund anchored by Vertex Holdings, a subsidiary of Temasek, led the round.
  • Participating investors include JAFCO Group, Mitsubishi UFJ Capital, SMBC Venture Capital, and Mizuho Capital.

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