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
BluSmart's 250+ Cr SCAM.
BluSmart, founded by Anmol & Puneet Jaggi exposed by SEBI.
SEBI exposed SCAM in the listed company GENSOL, which was founded by the founders of BluSmart. It's like GENSOL = BluSmart. GENSOL owned the half of BluSmart's flee
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Rohan Saha
Founder - Burn Inves... • 29d
After Gensol's fraudulent activities, even BluSmart has stopped taking bookings in many areas now. Gensol was a very important partner for them the majority of the vehicles that BluSmart had were leased to them by Gensol. Now, they're even having tro
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3 replies6 likes
Jayant Mundhra
•
Dexter Capital Advisors • 1m
I wish media had reported why Blusmart/Gensol’s recent deal with Refex was called off 3 days ago 🙏🙏
Almost a lakh Gensol public shareholders and the many bondholders of Blusmart deserve answers. While the company has not shared the reason for canc
6 crores for mother
2 crores for wife
26 lakh for a golf set
50 lakh in Ashneer Grover's third unicorn
Among line items on how Anmol Singh Jaggi (founder of Blusmart) used Gensol funds
The Delhi High Court has ordered seizure and relocation of 129 electric vehicles leased by Gensol Engineering to ride-hailing startup BluSmart, following a petition by lender STCI Finance Ltd.
STCI Finance, one of the lenders of the EPC company, fil
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Ken
Multibagger Stocks H... • 1m
Gensol Engineering
Stock P/E 10.4
Current Price
₹ 238
High / Low
₹ 1,126 / 224
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-