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Sanskar

Keen Learner and Exp... • 2m

The BluSmart Saga In yesterday's post I explained about the latest Start up scandal of india and here I present you with further details about the BluSmart scandal And remember that Gensole is supporting BluSmart despite having no economic interest - which is strange, because Gensole doesn't own any equity of BluSmart and has never invested in it (according to its balance sheet) I will be keeping an eye on this and will let you know the whole story so follow me to stay updated on this scandal

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Sanskar

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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

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