BluSmart has appointed Grant Thornton to conduct the audit amid concerns over a significant cash discrepancy as the EV ride-hailing firm fa...

BluSmart, an Indian electric cab service, has appointed Grant Thornton for a forensic audit following a regulatory investigation. The probe...

On April 16, BluSmart suspended its ride-hailing operation. A day later, in an email to its customers, the company said it would initiate a...

Eversource’s offer may not result in a deal due to probes at BluSmart’s sister concern Gensol; Eversource may directly negotiate with lende...

Following BluSmart's crisis, Aman Gupta addressed the startup ecosystem, highlighting the importance of ethics and compliance. He acknowled...

Aman Gupta said incidents like these shake trust in the startup ecosystem and highlighted the importance of strong ethics and compliance. H...

Gensol’s debt crisis forces it to sell 3,000 EVs, impacting BluSmart, which faces declining rides and competition from Rapido. Leadership e...

The funding round saw participation from BluSmart’s own investors, Zurich-based climate finance firm ResponsAbility Investments, cricketer ...

BluSmart has raised nearly $24 million or Rs 200 crore in its latest funding round. In January this year, BluSmart had raised $25 million, ...

Indian EV ride-hailing platform BluSmart has raised $25 million from ResponsAbility to expand its EV charging infrastructure. The investmen...

This is BluSmart's first move away from having no differential fares, which it has marketed as a unique selling proposition against larger ...

The 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...

The 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

Operating 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 ...

The six founders now own over 30% stake in the electric mobility firm.

BluSmart will use the capital to expand its fleet of electric vehicles and charging stations from its home city of Delhi to five additional...

The startup plans to add more electric cars and charging stations on its all electric ride-sharing platform in 2021. Recently, the company ...