Blive funding

An EV experience platform, BLive, on Wednesday reported a fundraise of $1 million, part of follow-on capital of the Pre-Series A round. The funding, which was a combination of equity and debt, was led by Mumbai Angels, JITO, LetsVenture, and Credit Wise Capital.

Shanti Mohan, Founder, LetsVenture, said, “With India’s potential to be the next EV market leader of the world, we want to ensure that we support startups like BLive, who provide a completely unique way to users of experiencing and owning two-wheeler EVs. Boost in domestic travel and growth in the EV category presents BLive a great opportunity to grow and expand to bigger markets.”

The company had earlier acquired funds led by a strategic investment from DNA Networks in September 2019.

In a very short period of time, Blive EV Tours has expanded to 15 cities across nine states in India and boasts of having completed over 10,000 eBike tours so far. Inspired by the rise in domestic tourism post-pandemic, the company claims to have witnessed a 3x growth in its eBike tours.

Founded by Samarth Kholkar and Sandeep Mukherjee in 2018, BLive provides experiential, guided tours on electric bikes intending to promote sustainable tourism in India. It is also the official EV tourism partner of Goa Tourism. The startup has collaborated with hospitality partners like –Taj Hotels, Grand Hyatt, Club Mahindra, Airbnb to name a few.

In 2020, BLive introduced a digital EV marketplace displaying brands of e-cycles and e-scooters. Brands like Ampere, Go Zero, Hero Electric, Hero Lectro, and Lightspeed are available on the BLive store. It recently launched an ‘Exchange and Upgrade Program’ which is intended to promote the adoption of electric vehicles. Customers who own a two-wheeler petrol vehicle can exchange their existing fuel-dependent two-wheelers and upgrade to a new electric vehicle. The EV store has already supplied to customers in over 25 cities in less than three months of its online store launch.

Samarth Kholkar and Sandeep Mukherjee, Co-founders, BLive, said, “At Blive, we want to reduce all hurdles for consumers to transition to Electric Mobility, whether it is with EV tours where consumers are getting a first-hand experience of EVs or our EV store, where we seamlessly guide consumers through choice, expertise, and convenience of ownership. This year, we are looking at growing the EV tours to over 30+ locations and adding more two-wheeler EV brands and ownership models to the EV store through both online and offline channels.”

As the company is on the rise, so is its requirement of human resources. On its website, you can find openings for interns for various positions like marketing, finance, and product management. The company is also currently hiring professionals for HR roles. Applications for the job openings can be sent by visiting the careers section on the Blive website and filling out a simple form.