Blinq Mobility Raises INR 4.3 Crore Pre-Seed Funding
bolt Executive Summary
- Blinq Mobility closed INR 4.3 crore in pre-seed funding. 8i Ventures led the round. Several incubators and angels joined in.
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Blinq Mobility closed INR 4.3 crore in pre-seed funding. 8i Ventures led the round. Several incubators and angels joined in.
Funding details: INR 4.3 crore (Pre-Seed)
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Blinq Mobility raised INR 4.3 crore in a pre-seed round.
The deal was led by 8i Ventures. IIMA Ventures, AIC Banasthali Vidyapith, Pharos Ventures, and Operators Studio took part. A group of angel investors also joined, including Neil Shroff, Arun Kumar Mahala, and Sarita Ahlawat.
The cash will go toward product development and vehicle engineering. It will also help build battery systems and swapping stations. Some will fund pilot programs with ride-hailing partners.
The Blinq team said the best way to handle EV power is to swap batteries fast instead of charging.
Blinq Mobility builds electric vehicles with battery swapping for city use. The setup targets high-use fleets like logistics and ride-hailing to cut costs and downtime. The company works in India with support from places like ARAI.
Source:- YourStory.
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