BluSmart
blusmart.com
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Overview
BluSmart operates an all-electric ride hailing fleet with its own charging hubs. Unlike aggregators it owns and manages the vehicles and employs drivers. The service runs in the national capital region and Bengaluru.
News
CBI books Gensol Engineering, BluSmart founders over alleged Rs 672 crore IREDA loss- Moneycontrol.com
The action follows a complaint filed by IREDA, which alleged that it had extended loans to Gensol Engineering and its subsidiary, Gensol EV Lease Limited, to procure electric vehicles for BluSmart's EV ride-hailing service, according to the FIR
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EVs are depreciating much faster than gas-powered cars
The fall of India's all-electric ride-hailing pioneer shows how fast EVs are losing value, a problem hurting fleets and owners worldwide.
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Why Blusmart is a textbook case of the challenges of growth-and promoter greed
BluSmart promised a cleaner, fairer alternative to ride-hailing giants. But as it scaled, cracks emerged-poor governance, confused strategy, and financial missteps by founders Anmol and Puneet Singh Jaggi turned a promising EV dream into a cautionary tale
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BluSmart breakdown - how the wheels came off Uber's EV rival in India
The company has halted taxi bookings after allegations of fund diversion by India's market regulator.
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BluSmart users stranded as EV cab service shuts down; everything to know and how to get your BluWallet refund
Once seen as a more tech-savvy alternative to traditional cab services, BluSmart now finds itself in the middle of a financial firestorm
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