Fundz

BluWheelz raised $1M in a bridge round led by Venture Catalysts for fleet solution expansion.

PRIVATEApr 22, 2024

Amount Raised

$1 Million

Round Type

Seed

New DelhiTransportationAutomotiveFleet Management

Investors

Chakra Growth FundLets VentureFaadVenture Catalysts

Description

BluWheelz has raised $1 million in a bridge funding round led by Venture Catalysts. The round also saw participation from FAAD, LetsVenture, and Chakra Growth Fund. Founded by Apoorva Ranjan Sharma, BluWheelz operates in 18 cities with a fleet solution covering two-wheelers, three-wheelers, and four-wheelers.

Quick answer

BluWheelz raised $1 Million in a Seed round, dated April 22, 2024. Investors: Chakra Growth Fund, Lets Venture, Faad and Venture Catalysts. BluWheelz is based in New Delhi, Delhi, India.

How much did BluWheelz raise?
BluWheelz raised $1 Million in a Seed round on April 22, 2024.
Who invested in BluWheelz?
Chakra Growth Fund, Lets Venture, Faad and Venture Catalysts are named as investors in this round.
What does BluWheelz do?
Tech-enabled delivery company BluWheelz operates in 18 cities with a fleet solution covering two-wheelers, three-wheelers, and four-wheelers.
Where is BluWheelz based and how big is it?
BluWheelz is based in New Delhi, Delhi, India.
Who are the decision-makers at BluWheelz?
Fundz holds 1 contact at BluWheelz. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Automotive around the same time

Companies in the same sectors as BluWheelz that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $1B (Funding Round) on March 25, 2024.
  • Mober raised $6M (Series A) on June 6, 2024.
  • RNR raised $640K (Seed) on April 15, 2024.
  • Motorist raised $60M (Series A) on March 17, 2024.
  • Gireve raised $22M (Funding Round) on June 3, 2024.
  • shipzero raised $8.6M (Series A) on May 27, 2024.

Who to call at BluWheelz, and when

A new round usually means BluWheelz is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

BluWheelz

Location

New Delhi, Delhi, India

About

Tech-enabled delivery company BluWheelz operates in 18 cities with a fleet solution covering two-wheelers, three-wheelers, and four-wheelers. It works with vehicle OEMs like Eicher-Volvo and Tata Motors, and has strategic alliances for charging and parking infrastructure.

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Related People

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BluWheelz raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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