Home » BLive Targets $5M Funding for Multi-Brand EV Platform Growth

BLive Targets $5M Funding for Multi-Brand EV Platform Growth

by Abdullah
BLive Targets $5M Funding for Multi-Brand EV Platform Growth

BLive aims to secure USD 5 million in funding within the next six months, according to CEO and co-founder Samarth Kholkar.

The company’s primary goals are to invest in talent and technology, having already raised less than $2 million.

Kholkar stressed how crucial it is to use cutting-edge technology, such as blockchain, in order to significantly grow the company.

BLive aims to double its revenue to approximately INR 100 crore in the fiscal year 2025 and achieve profitability within 12 months.

The fundraising efforts are drawing interest from green funds and climate tech funds in India, the US, and European markets, as well as from players in the automotive industry who see BLive’s potential for international adoption.

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