Venture Catalysts financed a bridge fundraising round that brought in $1 million for BluWheelz, a technologically enabled delivery business. LetsVenture, FAAD, and Chakra Growth Fund were also involved in the round.

In order to revolutionize last-mile logistics with an eco-friendly strategy, Bluwheelz, a tech-enabled logistics company, and Quantum Energy, an electric vehicle (EV) startup, have partnered.

Faad Network, India's leading early-stage fund, has led the seed funding round of 500,000 USD for Bluwheelz, India's pioneering EV fleet-as-a-service company. The funding round saw strong participation from Lets Venture, as well as from an esteemed group of High-Net-Worth Individuals (HNIs), a prominent family office, and marquee angel investors from both India and the United States.