BluSmart began its operations on January 14, 2019. So, they’ve been rolling for almost five years now! BluSmart boasts an impressive fleet of electric vehicles, including Mahindra e-Verito, Tata e-Tigor, Tata Xpres-T EV, Hyundai Kona Electric, and MG ZS Electric. They recently expanded their operations to Bengaluru as well.
Why it was created:
The founders recognized the need for a sustainable and efficient urban mobility solution in India. They saw issues like air pollution, traffic congestion, and lack of transparency in existing ride-hailing services. Their mission was to provide a shared smart mobility platform that’s emission-free, affordable, and reliable.
BluSmart in a nutshell:
Taxi service, but green: They only use electric cars, so zero tailpipe emissions.
India’s first: The first all-electric ride-hailing platform in the country.
Big fleet: Over 4,500 electric cars in Delhi and Bengaluru, and growing!
App-based: Book your ride through their app, just like other cab services.
Sustainable choice: Eco-friendly option for getting around the city.
What they do:
Offer convenient and eco-friendly rides in major Indian cities like Delhi and Bengaluru. Their fleet comprises various electric vehicles (EVs) like Mahindra e-Verito, Tata e-Tigor, Hyundai Kona Electric, and MG ZS Electric.
What makes them different:
Sustainability: By using only EVs, they contribute to reducing air pollution and promoting clean transportation.
Affordability: Their fares are competitive with other ride-hailing services, making EVs accessible to a wider audience.
Technology: Their app is user-friendly and offers features like live tracking, fare estimates, and booking for specific car types.
Some Achievements:
- Largest fleet of electric cabs in India, with over 3,000 vehicles as of January 2023.
- Secured funding for 15,000 cars, aiming for rapid expansion.
- Ranked 2nd in Fair Work India Annual Ratings 2023 for fair practices towards driver-partners.
- BluSmart is a promising player in the Indian mobility scene, focusing on convenience, sustainability, and affordability. Their commitment to EVs makes them a frontrunner in the transition towards a greener future.
BluSmart NCDs: A Bird in the Hand
In today’s dynamic financial landscape, finding secure and rewarding investment options can be a challenge. While the stock market offers the potential for high returns, it also comes with inherent risks. For those seeking a stable and predictable income stream, Non-Convertible Debentures (NCDs) from established companies like BluSmart can be an attractive proposition.
Now, What’s an NCD?
Imagine you lend money to a friend instead of putting it in the bank. You expect your friend to pay you back with interest at a certain time. A non-convertible debenture is like that but with a company instead of a friend.
Here’s the simple meaning:
You give money to a company.
The company promises to pay you back with interest at a set time.
You cannot trade this loan for ownership of the company.
So, it’s a way for a company to borrow money from you like a loan, and you earn interest for your investment.
Why Invest In BluSmart NCDs?
BluSmart is a pioneer in India’s electric mobility revolution, transforming urban transportation with its fleet of sleek, green cars. By investing in BluSmart NCDs, you become a part of this exciting journey while enjoying several key benefits:
Fixed and Attractive Interest Rates: Unlike the volatility (price fluctuations) of the stock market, BluSmart NCDs offer guaranteed interest rates, providing a predictable and reliable income stream. With interest rates potentially higher than traditional fixed-income options like bank deposits, your money works harder for you.
Safety and Security: As a secured debt instrument, BluSmart NCDs offer greater safety compared to equity investments. In case of unforeseen circumstances, your invested principal is given priority in repayment over equity shareholders.
Creditworthiness of a Growing Company: BluSmart is a rapidly growing company with a proven track record of success. By investing in its NCDs, you partner with a leader in the EV sector, poised for further expansion and impact.
Liquidity Options: Depending on the specific NCD issue, you may have the option to sell your debentures before maturity on the secondary market, providing you with an added layer of flexibility.
Beyond Just Returns: Investing in a Greener Future
What Does FINZACE Provide?
We at Finzace provide you with a platform to invest in NCDs of BluSmart and various NCDs with the best ROI (Return On Investment) with a very user-friendly platform starting @ 12% p.a. We are offering the best market ROI of BluSmart NCD @15.50% p.a. Invest securely from our platform and enjoy high interest of returns.
Our investments in NCDs start from 10,000/- per unit.
For our investor’s reference, we have provided the cashflow schedule for one unit of BluSmart NCD @15.50% p.a.
Cashflow Schedule (Per Debenture)
| DATE | PRINCIPAL OUTSTANDING | PRINCIPAL REPAYMENT | ACTUAL INTEREST PAYOUT | TOTAL | 15.5000% |
| 11-01-2024 | 10,000 | 0 | 101.6393443 | 101.6393443 | 101.6393443 |
| 10-Jan-24 | 10,000 | 0 | 0 | 0 | (9,911.95) |
| 11-02-2024 | 10,000 | 0 | 101.6393443 | 101.6393443 | 101.6393443 |
| 11-03-2024 | 10,000 | 0 | 95.08196721 | 95.08196721 | 95.08196721 |
| 11-04-2024 | 10,000 | 0 | 101.6393443 | 101.6393443 | 101.6393443 |
| 11-05-2024 | 10,000 | 0 | 98.36065574 | 98.36065574 | 98.36065574 |
| 11-06-2024 | 10,000 | 0 | 101.6393443 | 101.6393443 | 101.6393443 |
| 11-07-2024 | 10,000 | 0 | 98.36065574 | 98.36065574 | 98.36065574 |
| 11-08-2024 | 10,000 | 0 | 101.6393443 | 101.6393443 | 101.6393443 |
| 11-09-2024 | 10,000 | 0 | 101.6393443 | 101.6393443 | 101.6393443 |
| 11-10-2024 | 10,000 | 0 | 98.36065574 | 98.36065574 | 98.36065574 |
| 11-11-2024 | 10,000 | 0 | 101.9178082 | 101.9178082 | 101.9178082 |
| 11-12-2024 | 10,000 | 0 | 98.63013699 | 98.63013699 | 98.63013699 |
| 11-01-2025 | – | 10000 | 101.9178082 | 10101.91781 | 10101.91781 |
Invest with Confidence: Choose BluSmart NCDs
With their combination of attractive returns, safety, and a commitment to sustainability, BluSmart NCDs offer a compelling investment opportunity for individuals seeking to build a secure and rewarding portfolio. So, power up your future with BluSmart NCDs and be a part of the electric mobility revolution!
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