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BLUSMART CEASES OPERATIONS
ED shares Gensol probe findings with Delhi PoliceEnforcement Directorate shared findings of its FEMA probe against Gensol Engineering promoters with Delhi Police EOW. The agency indicated ...- 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, ...
- IREDA says Gensol promoters diluted equity without lender approval, files EoW complaintIREDA has accused Gensol Engineering's promoters of breaching their contract by diluting shareholding without lender approval and filed a c...
- BluSmart’s salary delays; Banks face KYC resetHappy Wednesday! After ceasing operations, BluSmart now faces a fresh challenge: delayed March salaries for its employees. This and more in...
- PFC, IREDA initiate probe into Gensol Engineering's Rs 663 crore loanPower Finance Corporation and IREDA have launched internal investigations into a ₹663 crore loan to Gensol Engineering for EV purchases lea...
- 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 ...
- Aman Gupta on BluSmart crisis: A 'much-needed reality check' for the startup ecosystemFollowing BluSmart's crisis, Aman Gupta addressed the startup ecosystem, highlighting the importance of ethics and compliance. He acknowled...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Shift in sentiment: Angel investors exercise caution amid changing startup dynamicsThe Indian startup scene has seen a shift in angel investor focus, with many investors becoming more cautious. In 2020, angel investors lik...
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