Tata Motors Finance (TMF) partnered with BluSmart Mobility to expand its fleet and operations in Delhi NCR.

The signing ceremony was attended by prominent people such as Anmol Singh Jaggi, CEO and Co-Founder of BluSmart, and Samrat Gupta, MD & CEO of Tata Motors Finance.

Tata Motors Finance (TMF) and BluSmart Mobility have partnered to grow their fleet and operations in Delhi NCR. The credit facility of INR 25 crore is provided in the form of an umbrella loan cum lease solution, allowing BluSmart to expand its fleet by 200 EVs.

Tata Motors Finance (TMF) is one of India's major automotive financiers and BluSmart Mobility is India's first and leading EV ride-hailing service and EV charging superhub infrastructure operator.

The signing ceremony was attended by prominent people such as 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, as well as other dignitaries and stakeholders from Tata Motors Finance and BluSmart Mobility.

TMF's Samrat Gupta, MD & CEO, said that TMF is dedicated to providing solutions to EV fleet operators within the Tata Motors ecosystem in fulfilling their mobility expansion needs through tailor-made credit offerings.

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'We are thrilled to join with TMF to further strengthen BluSmart's growth,' stated Anmol Singh Jaggi, CEO and Co-Founder of BluSmart.

This partnership will allow BluSmart to increase its fleet and strengthen its market position, allowing the company to provide customers with efficient, dependable, and environmentally responsible transportation services.

Tata Motors Finance Limited (TMFL) is the most preferred financial institution for financing the full Tata Motors Commercial Vehicle range. It is an important non-deposit-taking NBFC (ND-SI). TMFL is a pioneer in automobile financing. It was founded in 1957. The company has a large presence in India, with 350+ branch networks in addition to Tata Motors dealers' sales shops.