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They just raised $42 million[1]. Where are you getting the info that they are profitable? [1]: https://www.livemint.com/companies/start-ups/blusmart-mobility-r
by YetAnotherNick 3y ago
They just raised $42 million[1]. Where are you getting the info that they are profitable?
[1]: https://www.livemint.com/companies/start-ups/blusmart-mobility-raises-42m-in-bridge-round-for-ev-ride-hailing-expansion-11683222129996.html https://www.livemint.com/companies/start-ups/blusmart-mobili...
- LordDragonfang 3y agoPeople on the Y Combinator tech news site should know better than to think "raising money" is the same thing as "being profitable". (If anything, the two are often anti-correlated - funding rounds often happen before any profit has been shown)