Eversource makes Rs 1,200 crore offer for BluSmart, but deal clouded by Gensol probeEversource’s offer may not result in a deal due to probes at BluSmart’s sister concern Gensol; Eversource may directly negotiate with lende...
22 Apr, 2025, 07.12 PM IST
Money stuck in BluSmart wallet? Here are your options for claiming a refund or withdrawalBluSmart customers are facing issues with withdrawing money from their wallets amid concerns about the company's future. Despite the app's ...
21 Apr, 2025, 06.28 PM IST
Anmol Jaggi pitched strategic changes at BluSmart ahead of Sebi crackdown on GensolHours before the Sebi interim order unmasking irregularities at Gensol Engineering, BluSmart cofounder Anmol Singh Jaggi wrote to sharehold...
21 Apr, 2025, 02.15 PM IST
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...
21 Apr, 2025, 06.00 AM IST
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 ...
19 Apr, 2025, 08.00 AM IST
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 ...
17 Apr, 2025, 07.54 PM IST
Exclusive: BluSmart may end cab-hailing trip, hit reverse gearElectric ride-hailing startup BluSmart plans to exit its core business and become a fleet partner for Uber, starting with 700-800 cars. Str...
15 Apr, 2025, 09.42 AM IST
End trip for BluSmart? Behind the EV ride-hailing company’s deepening crisisGensol’s debt crisis forces it to sell 3,000 EVs, impacting BluSmart, which faces declining rides and competition from Rapido. Leadership e...
29 Mar, 2025, 10.11 PM IST
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...
29 Jan, 2024, 01.28 PM IST
EV ride-hailing startup BluSmart raises $24 millionThe funding was in the form of a rights issue, and has not seen participation from new investors. The round also saw BluSmart’s founders in...
21 Dec, 2023, 02.29 PM IST
BluSmart crosses annual revenue run rate of Rs 400 croreOperating in Delhi-NCR and Bengaluru, BluSmart has achieved a milestone of 5,000 electric vehicles (EVs). It has also set up over 3,900 EV ...
05 Sep, 2023, 12.29 PM IST
Founder buys investor Mayfield’s stake in EV startup BluSmart for Rs 32 croreThe six founders now own over 30% stake in the electric mobility firm.
16 May, 2023, 05.51 PM IST
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...
04 May, 2023, 10.18 PM IST
EV ride-hailing firm BluSmart close to raising $250 million: CEOBluSmart, which runs an all-electric vehicle (EV) fleet, was expecting to finalise deals with impact funds and private equity investors wit...
14 Jul, 2022, 07.36 PM IST
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 ...
24 May, 2022, 02.38 PM IST
BP leads $25 million funding round in EV ride-hailing startup BluSmartBluSmart will use the capital to expand its fleet of electric vehicles and charging stations from its home city of Delhi to five additional...
30 Sep, 2021, 01.12 PM IST
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 ...
07 Sep, 2020, 02.50 PM IST