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BLUSMART FUNDING
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...- 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...
- BluSmart appoints Grant Thornton for a forensic audit, sources sayBluSmart, an Indian electric cab service, has appointed Grant Thornton for a forensic audit following a regulatory investigation. The probe...
- 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...
- 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 ...
- 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...
- 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...
- 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 ...
- 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 ...
- BluSmart cab services stay suspended in Delhi-NCR, Bengaluru, Mumbai as cofounder under Sebi lensBluSmart operations remained suspended on Thursday across Delhi-NCR, Bengaluru, and Mumbai amid a Sebi probe into cofounder-linked Gensol o...
- EV ride-hailing company BluSmart raises $24 million in fundingThe funding round saw participation from BluSmart’s own investors, Zurich-based climate finance firm ResponsAbility Investments, cricketer ...
- 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...
- 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...
- 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.
- 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...
- 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 ...
- 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...
- 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 ...
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