Hailing from a business background, it was expected from Punit Goyal, the Co-founder of Blusmart that he would continue his grandfather's business (of plastics and mats, popularly known in Indian households as chatai). But instead of joining his family business, he decided to reverse engineer not by just starting his own venture but also by getting into an environment-friendly fleet, a total opposite of plastic domain that his family business was in. His first business was PLG Clean Energy that had the initials of his grandfather's name. Today, the startup founder is all gungho about raising investor money and considers it the right way to do new-age business.
At his BluSmart Gurugram head office, the Co-founder ran late for our planned meeting. And as he rushed hurriedly into the meeting room after 15 minutes, he apologized for making me wait as he was caught up with an important investor meeting. AS I am writing this stiry, came the announcement of the venture raising another round of funding, this time of close to INR 200 cr. Here’s a rundown on how the London School of Economics and Aston alumni is mixing his passion of economics with EV translating into a success.
THE START
This story is from the January 2024 edition of Entrepreneur magazine.
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This story is from the January 2024 edition of Entrepreneur magazine.
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