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The cash-strapped startup is planning to exit its core ride-hailing business and operate as a fleet partner of Uber.
BluSmart, once celebrated as India's first all-electric ride-hailing service, faces a crisis as promoters Anmol and Puneet ...
Following regulatory scrutiny and financial misconduct allegations against its parent company Gensol Engineering, BluSmart ...
Once seen as a more tech-savvy alternative to traditional cab services, BluSmart now finds itself in the middle of a ...
Electric cab service provider BluSmart, which has embroiled itself in scrutiny from SEBI over misappropriation of funds, has ...
BluSmart's financial mismanagement, leadership exits, and regulatory challenges have left it in a precarious position. While ...
A fallout of the BluSmart-Gensol saga is that entrepreneurs will have to face greater scrutiny from investors. It’s a wake up ...
Ride-sharing startup BluSmart has found itself at the centre of a regulatory investigation, with the Securities and Exchange ...
The sudden disruption comes as the company faces scrutiny over alleged financial irregularities linked to Gensol Engineering, ...
According to Sebi's published interim order, Gensol received a loan worth ₹93.88 crore from IREDA. The brothers then used a ...
BluSmart has suspended ride bookings in NCR and Bengaluru amid a Sebi probe into alleged fund diversion from Gensol. Reports ...
Sebi has barred Gensol Engineering promoters Anmol and Puneet Jaggi for allegedly diverting sanctioned EV loan funds to ...
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