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Adani Groupย โขย 11m
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
See MoreKeen Learner and Exp...ย โขย 11m
India's Latest Start Up Scandal Gensol borrowed almost โน978 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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Founder - Burn Inves...ย โขย 11m
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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Dexter Capital Advisorsย โขย 1y
I wish media had reported why Blusmart/Gensolโs recent deal with Refex was called off 3 days ago ๐๐ Almost a lakh Gensol public shareholders and the many bondholders of Blusmart deserve answers. While the company has not shared the reason for canc
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I'm just a normal gu...ย โขย 10m
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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Entrepreneur | Build...ย โขย 11m
Wait What ?? Thats Smart Move ๐ฅ 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-
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