Climate-focused private equity firm Eversource Capital is reportedly in advanced talks to acquire BluSmart for Rs 800–1,000 crore ($90–120 million),…
Tag: BluSmart
Gensol, BluSmart may face corporate affairs ministry probe over alleged fund diversion
The corporate affairs ministry is reportedly considering a formal probe into Gensol Engineering and its related entity BluSmart over alleged…
‘Allegations against BluSmart are serious, but…’: Sabeer Bhatia joins debate on Gensol crisis after Aman Gupta
A day after BluSmart suspended operations and its affiliate Gensol Engineering Ltd was flagged by SEBI for alleged fund diversion…
From green promise to crisis: BluSmart faces SEBI heat; Deepika Padukone, Dhoni, Ashneer Grover among high-profile investors
Electric ride-hailing startup BluSmart, once celebrated for its all-electric fleet and green business model, is now under regulatory scrutiny following…
‘Compliance, ethics aren’t boxes to tick…’: Aman Gupta shares blunt lessons for founders from BluSmart fallout
The fall of BluSmart has sent shockwaves through India’s startup ecosystem and for boAt’s Aman Gupta, it’s more than just…
Gensol BluSmart – Rs 1.5 lakh electricity bill, 2-3 labourers: How an NSE official discovered Gensol’s EV plant had ‘no manufacturing activity’
Before the Securities and Exchange Board of India (SEBI) barred Gensol Engineering founders, Anmol and Puneet Jaggi, from holding key…
Gensol BluSmart – ‘Put Rs 30,000 in Jan’: BluSmart’s customers left in the lurch; how to reclaim Blu Cab Wallet balance
BluSmart, India’s first fully-EV cab service, has stopped taking bookings after the Securities and Exchange Board of India (SEBI) barred…
gensol crisis – ‘Ab BluSmart nahi hai’: Users lament unavailability of cab service as SEBI cracks whip on Jaggi brothers
With electric mobility startup BluSmart abruptly halting new cab bookings on its platform in Delhi-NCR and Bengaluru, users have taken…
BluSmart to reroute to Uber as fleet partner amid Gensol-led cash crisis: Report
In a significant move, electric ride-hailing startup BluSmart is set to exit its core business, with plans to become a…
If you’re a BluSmart user in Delhi or Bengaluru, here’s what you should know
BluSmart, the electric mobility startup that promised sustainable, app-based ride-hailing, has abruptly suspended new bookings on its platform in its…