Missing Crores, A Luxury Flat, And EV Cabs

In July 2024 EV cab service BluSmart raised Rs 200 crore in funding from new investors like ex-India cricket team captain MS Dhoni and Responsability Investments, a private banking firm from Switzerland. That round took total funding since December 2023 to around Rs 710 crore. It also marked the completion of the Gurugram-based company’s pre-Series … Read more

BluSmart Begins Shutting Operations As Promoters Face SEBI Order: Report

New Delhi: Gensol Engineering promoters and brothers Anmol and Puneet Singh Jaggi resigned from their directorial roles, the Economic Times reported. This followed a Securities and Exchange Board of India (SEBI) order against the company in a loan fraud case and the halting of services of another electric-cab-hailing company co-founded by Anmol Singh Jaggi. The … Read more