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IREDA shares in focus after filing insolvency plea against Gensol Engineering over Rs 510 crore defaultIREDA has initiated insolvency proceedings against Gensol Engineering due to a Rs 510 crore loan default, part of a larger Rs 977.75 crore ...- BluSmart fleet on the block, HCL-Foxconn semicon JVLenders and lessors are planning to sell EVs on the BluSmart fleet to recover their dues. This and more in today’s ETtech Morning Dispatch.
- Gensol Engineering shares in focus after founders Anmol and Puneet Singh Jaggi resignGensol Engineering’s top executives Anmol and Puneet Jaggi resigned following Sebi’s interim order over alleged fund diversion and corporat...
- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Apple’s India pivot; Cloud, AI fuel Alphabet's gainApple is seeking to assemble all iPhones sold in the US in India by next year, the Financial Times reported. This and more in today’s ETtec...
- Audit shadows BluSmart’s books; Zomato rejigs top deckHappy Thursday! BluSmart faces a forensic audit as losses mount. This and more in today’s ETtech Morning Dispatch.
- 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...
- ED lens on Jaggi brothers; Flipkart begins India shiftHappy Tuesday! After a Sebi probe, Gensol Engineering is now on the Enforcement Directorate’s radar. This and more in today’s ETtech Mornin...
- 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 ...
- Tesla shopping for Indian partners; Investor heat on BluSmartHappy Monday! Tesla wants to broaden its supply chain and source semiconductor chips in India amid the global trade war. This and more in t...
- Stranded by Swindle: Gensol, BluSmart staff queue up to catch better rideFollowing regulatory scrutiny and financial misconduct allegations against its parent company Gensol Engineering, BluSmart employees, inclu...
- Inside the Gensol–BluSmart collapse; Wow! Momo’s fresh fundingHappy Friday! Quick-service restaurant chain Wow! Momo is raising Rs 130-150 crore in funding. This and more in today’s ETtech Morning Disp...
- Gensol, BluSmart unravel; IT hiring to slow downHappy Thursday! Gensol promoter Anmol Singh Jaggi and BharatPe cofounder Ashneer Grover have a history of investment dealings. This and mor...
- End trip for BluSmart?; Indian AI talent in demandHappy Friday! Gensol Engineering’s financial struggles are severely impacting ride-hailing company BluSmart. This and more in today’s ETtec...
- Visa fee hike hits IT cos; Airport cab fares set to riseHappy Friday! The hike in H-1B visa fee will hurt IT service companies severely, experts have warned. This and more in today’s ETtech Morni...
- Ride-hailing startup BluSmart to raise Rs 200 crore in new fundingBluSmart has raised nearly $24 million or Rs 200 crore in its latest funding round. In January this year, BluSmart had raised $25 million, ...
- 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...
- 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...
- 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...
- 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...
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