BLive, a platform for electric vehicles (EVs) featuring multiple brands, aims to secure USD 5 million in funding within the next six months, according to CEO and co-founder Samarth Kholkar.
The company, which has already raised under USD 2 million, is focused on investing in technology and talent.
Kholkar emphasized the importance of leveraging the latest technology, including blockchain, to scale up the business substantially.
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.
