BluSmart hires Grant Thornton to conduct audit; company’s losses more than doubled to Rs 470 crore in FY24BluSmart has appointed Grant Thornton to conduct the audit amid concerns over a significant cash discrepancy as the EV ride-hailing firm fa...
24 Apr, 2025, 12.02 AM IST
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...
23 Apr, 2025, 06.00 AM IST
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
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 ...
16 Apr, 2025, 03.42 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 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...
17 Dec, 2024, 03.12 PM IST
BluSmart appoints Google's Aditi Shukla as president of corporate developmentAt BluSmart, Aditi Shukla will lead strategic initiatives across fundraising and strategic partnerships, and will work closely with the sta...
12 Mar, 2024, 12.48 PM IST
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...
21 Feb, 2024, 11.52 AM 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
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...
19 Apr, 2023, 09.15 AM 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