Two greatest industrialists of India, Mr Ratan Tata and Mr Mukesh Ambani invested in an electric rideshare company named Blusmart; it is bad news for established rideshare companies in the Indian market and good news for the customers because the fare of electric cabs is 35 to 40 per cent less than the regular Petrol, CNG and Diesel cabs.

As we know, crude oil prices are on fire so the electric cabs will come with a pocket-friendly and efficient option for public transport. 

Blusmart is India’s first electric rideshare company that operates in Delhi Ncr with limited resources. This company have only 600 cabs in its service. To fulfil the shortage of cabs, Tata motors will provide 3500 cars to this rideshare company, and Reliance industry will take care of electric charging stations for the cabs