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BLUSMART FUNDRAISE
BluSmart faces audit; Ather's investor gainsBluSmart’s board has appointed Grant Thornton to audit the cash-strapped company’s financials. This and more in today’s ETtech Top 5.23 Apr, 2025, 07.54 PM IST- 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...23 Apr, 2025, 07.29 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
- 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 halts Delhi airport operations amid Sebi heat on promotersEV ride-hailing startup has pulled out of the Delhi international airport amid regulatory scrutiny and potential stake sale to Uber. A pass...16 Apr, 2025, 10.12 PM IST
- ‘Gensol liquidity woes may last 90 days; paring BluSmart ties’Gensol Engineering's liquidity issues are being addressed as its connection with BluSmart is phased out. To stabilize finances, the company...14 Mar, 2025, 05.30 AM IST
- 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 ...15 Jul, 2024, 01.53 PM IST
- End of Paytm’s existing wallet biz; Tribe Capital’s India playHappy Tuesday! Regulatory actions have crippled Paytm Payments Bank's mobile wallet business. This and more in today’s ETtech Morning Dispa...30 Apr, 2024, 07.59 AM IST
- BluSmart rides out of FY24 with Rs 390-crore revenue in the bootBluSmart aims for Rs 800 crore FY25 revenue, with BP Ventures support. Competing with Rapido, Namma Yatri, targeting Ebitda profitability b...30 Apr, 2024, 06.01 AM 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
- Flipkart’s $1 billion fundraise; Zomato offers to acquire ShiprocketEcommerce giant Flipkart is in the middle of closing a $1 billion funding round in which Walmart has committed $600 million. This and more ...21 Dec, 2023, 08.08 PM 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 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...11 Dec, 2023, 10.01 PM IST
- EV company Exponent eyes $25 million at $100-120 million valuationExponent Energy had last raised $13 million in August 2022 in a Series A led by Lightspeed that valued the Bengaluru-based startup at aroun...25 Oct, 2023, 06.00 AM IST
- 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.16 May, 2023, 05.51 PM IST
- 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...14 Jul, 2022, 07.36 PM IST
- 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.31 Mar, 2022, 08.27 PM IST
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