BluSmart

Uber-rival BluSmart investors propose resolution with $30M backing for its revival

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A group of investors are considering a plan to inject another $30 million into BluSmart in a bid to revive the Indian cab-hailing startup that abruptly halted operations last month, TechCrunch has learned. The proposal from these existing investors has a catch: its contingent on BluSmart co-founder Anmol Singh Jaggi agreeing to resign. The proposed […]

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BluSmart investors propose $30M in new funding to revive the Uber rival

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A group of investors are considering a plan to inject another $30 million into BluSmart in a bid to revive the Indian cab-hailing startup that abruptly halted operations last month, TechCrunch has learned. The proposal from these existing investors has a catch: its contingent on BluSmart co-founder Anmol Singh Jaggi agreeing to resign. The proposed

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India’s Uber-rival BluSmart appears to suspend service in wake of EV loan probe

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BluSmart, India’s all-electric cab-hailing startup that was once seen as an emerging rival to Uber, appears to have suspended service in some cities just as the country’s market regulator launched a probe into Gensol Engineering, the publicly listed company that shares two of its co-founders. The cab service, which had been operating in Delhi-NCR, Bengaluru,

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India’s BluSmart swept up in Gensol investigation alleging misuse of EV loans

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India’s market regulator launched a probe Tuesday into Gensol Engineering after finding alleged misuse of electric vehicle loans. BluSmart, a ride-hailing startup connected to Gensol that was once seen as an emerging Uber rival in the South Asian market, has also been swept up into the investigation. The Securities and Exchange Board of India (SEBI)

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India’s BluSmart is testing its ride-hailing service in Dubai

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Indian ride-hailing startup BluSmart has started operating in Dubai, TechCrunch has exclusively learned and confirmed with its executive. The move to Dubai, which has been rumored for months, could help counter the likes of Careem, Uber and Hala in the United Arab Emirates’ most populous city. The Gurugram-based startup quietly enabled the new Dubai service

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