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BLUSMART ELECTRIC CARS
Electric cab startup Evera in talks with Gensol to lease 1,000 carsGensol had initially considered selling the cars. But Evera has proposed leasing them instead. The IRP, Keshav Khaneja, along with the CoC,...- 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...
- Nearly 2,000 BluSmart EVs on the block as lenders, lessors look to recover moneyBluSmart faced financial issues and suspended operations. Now, lenders are trying to sell around 1,500-2,000 of its electric vehicles. Seve...
- 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...
- 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...
- 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...
- Scoop: Uber in early discussions with EV ride-hailing startup BluSmart for a possible acquisitionUber is in early talks to acquire BluSmart Mobility, boosting its electric cab presence in India. The move comes amid Gensol Engineering’s ...
- BluSmart secures Rs 100 crore financing under its asset leasing initiativePartners can purchase electric cars and lease these cars to BluSmart under the 'Assure by BluSmart' initiative. The company said that Assur...
- BluSmart Mobility taps Tata Motors, MG Motor India for 3800 e-carsThis will be the second biggest induction of EVs by the startup in 2023. In March this year, Gensol Engineering, the BSE-listed engineering...
- 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...
- Taxi startup BluSmart picks EV fight with UberIndian ride-hailing startup BluSmart is challenging Uber and Ola for market share in India with its all-electric taxi fleet and focus on lu...
- 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 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...
- Indian 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...
- 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 ...
- IREDA sanctions Rs 267 cr loan to BluSmart MobilityAccording to the statement, the BluSmart Mobility will use the fresh capital to purchase 3,000 all-electric cars to expand its EV fleet.
- BluSmart Mobility raises Rs 51.4 crore from Inflection Point Ventures, othersThe all-electric mobility platform will use the funds to increase the number of cars on board, set up more charging infrastructure, technol...
- 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 ...
- OKAYA to provide EV charging stations to BluSmart Electric MobilityOKAYA announced a strategic partnership with BluSmart Electric Mobility, with an aim to provide well-laid out electrical vehicle (EV) charg...
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