Tata Motors Finance Extends INR 25 Cr Structured Credit Facility for BluSmart Mobility’s EV Fleet Expansion

New Delhi (India), June 22: Tata Motors Finance (TMF), one of India’s leading automotive financiers, has partnered with BluSmart Mobility, India’s first and leading EV ride-hailing service, and EV charging superhub infrastructure operator, to facilitate the expansion of its fleet and operations in Delhi NCR. The said credit facility is offered in the form of an umbrella financing cum lease solution that will enable BluSmart to expand its fleet by 200 EVs. 

The signing ceremony, which marks a significant milestone, was attended by distinguished individuals including Anmol Singh Jaggi, CEO and Co-Founder of BluSmart and Samrat Gupta, MD & CEO of Tata Motors Finance; Anand Bang – Chief Operating Officer; Surinder Kamboj – Business Head Passenger Vehicles, alongside other dignitaries, and stakeholders from Tata Motors Finance, and BluSmart Mobilty.  

Commenting on this development, Samrat Gupta, MD & CEO of Tata Motors Finance, stated, “Tata Motors Finance is dedicated to provide solutions to EV fleet operators within TML ecosystem in fulfilling their mobility expansion needs through tailor-made credit offerings. Our partnership with BluSmart Mobility bears testament to TMF’s commitment to EV mobility space.”  

Expressing his delight during the signing ceremony, Anmol Singh Jaggi, CEO & Co-Founder, BluSmart, said, “We are excited to partner with Tata Motors Finance to further strengthen the growth of BluSmart. The association will enable us to expand our fleet and enhance our presence in the market, providing efficient, reliable, and eco-friendly transportation services to our consumers.”

Tata Motors Finance Limited (TMFL) is the leading and most preferred financial Institution engaged in financing the entire range of Tata Motors Commercial Vehicle. It is a non-deposit taking systemically important (ND-SI) NBFC. TMFL is one of the pioneers of vehicle financing established way back in 1957 under a different name. The company has a strong footprint across India and operates through its own 350+ branch networks, in addition to Tata Motors dealers’ sales outlets. TMFL’s business interests are focused on benefiting the parent company and its strategic partners within the Tata Motors eco-system.

To learn more visit www.tmf.co.in 

Tata Motors Finance Corporate Communications: Please mail us at corporatecommunication@tmf.co.in or call +91 22 6181 5400. 

BluSmart is leading India’s path to zero emission mobility, and we will continue to improve the quality of lives for people, improve the quality of lives of the driver partners and continue to provide the “most reliable ride hailing service to customers”. It has the largest fleet of electric cabs and the largest network of EV fast charging stations across Delhi NCR and Bengaluru. For more information, visit: https://blu-smart.com/

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Press Release

Master Persuasive UX Strategy with IIT Delhi’s Cutting-Edge Certification Programme

New Delhi [India], February 10: In a world where digital interaction shapes user decisions, the fusion of User Experience (UX) design and persuasive strategies is redefining the way we connect with technology. Recognising the pressing need for expertise at this intersection of design and psychology, the Indian Institute of Technology (IIT) Delhi has announced admissions […]

Read More
Press Release

Asian Granito India Ltd reports Consolidated Net Sales of Rs. 360 crore in Q3FY25

Ahmedabad, February 10, 2025: Asian Granito India Limited (AGL), one of the largest Luxury Surfaces and Bathware Solutions brands in the country has reported improved operational and financial performance during Q3 and Nine Months of FY 2024-25 ended 31st December 2024. Business Highlights: Exports for Q3 FY25 at Rs. 79 crores; Exports for 9M FY25 […]

Read More
Press Release

Sayba Group’s Strategic Redevelopment Projects to Transform Jogeshwari and Bandra West

Mumbai (Maharashtra) [India], February 8:  With two ground-breaking redevelopment projects in Jogeshwari West and Bandra West, Sayba Group, a name that is synonymous with quality and trust in Mumbai’s real estate industry, is poised to reinvent urban life. With more than 15 years of experience, 32 lakh square feet of OC-ready development, 25+ finished projects, […]

Read More