Vidhu Duggal & Co....
BluSmart Looking to Raise $300M
BluSmart Looking to Raise $300M

13 Jun, 2024

By CA

BluSmart Looking to Raise $300M

Plans of BluSmart:

1๏ธโƒฃ Acquisition of more electric cabs ๐Ÿš–๐Ÿ”‹

2๏ธโƒฃ Expansion to cities like Bengaluru ๐ŸŒ†

3๏ธโƒฃ Expansion to Dubai with cabs like Audi EVs & Tesla vehicles ๐Ÿ™๏ธ๐Ÿš—โšก

They plan to target bigger cities and countries with high revenue potential. ๐Ÿ’ผ๐Ÿ’ฐ Looking at BluSmart's expansion, it's clear they aim for major cities with high-end customers. ๐ŸŒŸ

Every startup has its own expansion model: some target large volumes with low margins ๐Ÿ“ˆ, others target low volumes with higher margins ๐Ÿ’ต.

Which expansion model do you think is best? Tell us in the comments! ๐Ÿ’ฌ๐Ÿ‘‡