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BluSmart Halts Services in Key Cities Amid Financial Crisis
Financial Express Delhi
|April 17, 2025
RIDE-HAILING PLATFORM BluSmart, has abruptly halted new bookings in key parts of Delhi-NCR, Mumbai, and Bengaluru, triggering fresh concerns over the company's future.
While the app is still available on the Play Store, users are unable to book rides or select dates and time slots, effectively suspending its core operations in many areas.
This development follows closely on the heels of damning findings from Sebi's probe into Gensol Engineering, a key partner and EV lessor to BluSmart, which allegedly diverted over ₹200 crore meant for vehicle purchases.
This story is from the April 17, 2025 edition of Financial Express Delhi.
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