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BLUSMART CABS
BluSmart's ride into the sunset: Timeline of events at the cab-hailing EV firmBluSmart was founded in January 2019 in Gurugram by Anmol Singh, Punit K Goyal and Punet Singh Jaggi. Just a few months later, in July 2019...- Crisis-hit Gensol defaults on May payment of BluSmart cabs loansGensol Engineering, linked to BluSmart founders, has defaulted on payments to its PTC holders. The default amount is around ₹4 crore. Repay...
- Delhi HC halts Gensol & BluSmart 3rd party claims on 220 EVsThe Delhi High Court has further restricted Gensol Engineering and BluSmart Mobility from creating third-party rights over 220 additional E...
- Evera Cabs initiates repossession of 500 electric cabs earlier operated by BluSmartEvera Cabs is repossessing 500 electric cabs from BluSmart, having already acquired 220 vehicles, aiming to strengthen its position in airp...
- Delhi HC bars Gensol, BluSmart from creating rights over leased EVs amid financial irregularitiesThe Delhi High Court has barred Gensol Engineering and BluSmart from creating third-party rights over 95 Tata EVs leased by Clime Finance, ...
- Crisis-hit BluSmart’s 500 staffers await clarity on their salary duesOn April 16, BluSmart suspended its ride-hailing operation. A day later, in an email to its customers, the company said it would initiate a...
- BluSmart bond holders may invoke immediate repayment provisionsBluSmart Mobility, which raised approximately Rs 100 crore through non-convertible debentures (NCDs) from high-net-worth individuals and re...
- Sanjeev Bikhchandani on BluSmart: ‘Drivers are worst hit’BluSmart Cabs, an electric mobility startup, shut down abruptly, raising concerns over corporate governance and the impact on gig economy w...
- Gensol promoters quit board; BluSmart begins shutting operationsThe resignations come after capital markets regulator Sebi has issued an interim order against Gensol Engineering and its promoters — Anmol...
- Who are the Jaggi brothers—and how did Gensol, BluSmart get here?India’s markets regulator Sebi has accused BluSmart founders Anmol and Puneet Singh Jaggi of diverting funds from their listed firm Gensol ...
- How to get money back from BlueSmart wallet as Gensol fraud puts brakes on cab opsBluSmart, the electric ride-hailing service, has unexpectedly ceased cab bookings in major Indian cities, leaving commuters stranded. This ...
- BluSmart begins pullback of ride-hailing operationsBluSmart has started suspending its cab services in certain areas of Delhi-NCR, Bengaluru, and Mumbai as it begins transitioning its fleet ...
- BluSmart signs deal with Tata Power; moves to solar power for all EV charging needsEV ride-hailing compay BluSmart will get 30 MW of electricity this year from Tata Power, which will be utilised to power the company's enti...
- BluSmart raises $25 million in mix of debt and equity from ResponsAbilityIndian EV ride-hailing platform BluSmart has raised $25 million from ResponsAbility to expand its EV charging infrastructure. The investmen...
- BluSmart Mobility unveils new pricing policy for rush, relaxed hoursThis is BluSmart's first move away from having no differential fares, which it has marketed as a unique selling proposition against larger ...
- Gensol Engineering to manufacture electric reverse trikeThe vehicles with two wheels in the front and one in the back will be produced at a 30,000-unit-a-year facility at Chakan, Maharashtra
- EV cab startup BluSmart raises $42 million in funding from BP Ventures, othersThe funds from the latest round will be utilised to penetrate deeper into mega cities, and expand its fleet capacity to 10,000 over the nex...
- ETtech In-depth: How BluSmart plans to fight the Uber, Ola onslaught in buzzy EV cab businessAccording to those tracking the segment, both business models – deployed by BluSmart and by Uber and Ola – come with their own sets of oppo...
- EV cab company BluSmart raises $25 million fundingBluSmart is one of the few mobility companies in India that use electric cars in the ride-hailing business. The company operates primarily ...
- All-electric ride hailing platform , BluSmart raises $7 million in pre-series A fundingThe startup plans to add more electric cars and charging stations on its all electric ride-sharing platform in 2021. Recently, the company ...
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