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India's Latest Start Up Scandal Gensol borrowed almost ₹978 crore to rent electric vehicles (EVs) to BluSmart. And the interesting fact here is that Gensol has no direct equity or ownership interest in BluSmart as a distinct legal entity. Gensol do

During FY 2023-24, a total of 1,85,312 companies were registered with a collective paid-up capital of Rs 30,927.40 crore, according to the Corporate Affairs Ministry's information bulletin for March. Nearly 16,600 companies were established in March

BluSmart’s Reboot: A Story of Promise, Pitfalls, and Possible Redemption In a dramatic turn for India’s all-electric ride-hailing pioneer BluSmart, major investors including BP Ventures are now in advanced talks to acquire co-founder Anmol Singh Jag

🚀 3 AM. Coffee Cold. Burn Rate Unknown. It was the third time that week I asked myself: "Where’s all the cash going?" We were building a startup with passion. Clients were trickling in. Revenues were rising. But somehow — the bank balance told a di

Firstly we had traditional taxis, then Uber and Ola came with their asset light model but still after so many years they were loss making. Now BluSmart has tried to get the best of both the world's, having their own fleet like traditional taxis while

A new, sustainable rideshare platform that is leaving behind Ola and Uber. 𝗶𝘁𝘀 𝗕𝗹𝘂𝗲𝘀𝗺𝗮𝗿𝘁 !! Today, while traveling with BluSmart during my marathon, I had a conversation with the driver, and he literally helped me with my content by sha

Wait What ?? Thats Smart Move 🔥 Climate-focussed PE firm Eversource Capital is in talks to acquire BluSmart, which is in trouble following the crisis at its related entity Gensol, sources told Inc42. Eversource has offered to acquire the EV ride-

What is BluSmart ? Meet India's Hottest Hidden Startup BluSmart! In a world grappling with soaring fuel costs and escalating concerns about climate change, the era of electric vehicles has dawned upon us. Contrary to popular belief, electric vehicl

In 2004, Red Bull bought a failing Formula 1 team for just $1. Yes, ONE dollar. Critics called it a desperate PR stunt. But today Red Bull Racing have won 6 Constructors Championships and that $1 deal is now a $3.5 billion empire. Here’s the full