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BluSmart to rejig operations
March 20, 2025
|Financial Express Kochi
Delinking pact with Gensol Engineering
ALL-ELECTRIC RIDE-HAILING platform BluSmart Mobility is restructuring its operations as part of an ongoing effort to streamline its financials. The company, which generates monthly revenue of ₹70 crore, translating to an annual run rate of approximately ₹840 crore, is making strategic adjustments to its fleet management, co-founder Puneet Singh Jaggi told FE in an interaction.
A key part of this restructuring involves Gensol Engineering, a company closely linked to BluSmart, winding down its existing lease arrangements. As part of this move, Gensol is selling 2,997 electric vehicles to Chennai-based Refex Green Mobility, which will then lease them back to BluSmart.
هذه القصة من طبعة March 20, 2025 من Financial Express Kochi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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