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BluSmart's ex-CEO leads Refex bid to salvage bankrupt ride app

Mint Ahmedabad

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December 20, 2025

Anirudh Arun, the former chief executive officer (CEO) of all-electricride-hailing platform BluSmart, is now seeking to regain control of the defunct company through Refex Mobility, said multiple people aware of the development.

- Agnidev Bhattacharya

BluSmart's ex-CEO leads Refex bid to salvage bankrupt ride app

Anirudh Arun, former CEO of BluSmart.

The sustainable transport provider, which operates a fleet of more than 1,400 vehicles, is targeting BluSmart's over 5,000 charging stations and technology stack, and has asked its interim resolution professional (IRP) to reopen the expression of interest (Eol) window after missing the initial deadline, said a person familiar with the matter.

The firm is expanding its presence across five cities: Bengaluru, Hyderabad, Delhi, Mumbai, and Chennai.

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China's export boom hurts the job prospects of Asia’s Gen-Z

Manufacturing jobs are vanishing as cheap Chinese goods flood in

time to read

3 mins

December 19, 2025

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TVS Supply Chain moves NCLAT

TVS Supply Chain Solutions has moved appellate tribunal NCLAT, challenging an NCLT order which had rejected its plea to initiate insolvency against the Indian unit of telecom gear manufacturer ZTE.

time to read

1 min

December 19, 2025

Mint Ahmedabad

Sumitomo Realty bets on Mumbai

Japan’s Sumitomo Realty and Development, the country’s third-largest developer, plans to expand in India with an unusual strategy: focusing on Mumbai and managing apartments rather than selling them, executives told Reuters.

time to read

1 min

December 19, 2025

Mint Ahmedabad

Adani Infra to raise $1 billion via dollar bonds

Adani Infra is a subsidiary of Adani Properties Pvt Ltd (APPL), which is in turn held by the S.B. Adani Family Trust, a key promoter entity of the Adani Group.

time to read

1 mins

December 19, 2025

Mint Ahmedabad

House of Diagnostics’ $30-40 mn fundraising underway

Medical diagnostics chain House of Diagnostics has begun the process of raising $30-40 million in a largely primary funding round, two people in the know said, seeking anonymity.

time to read

1 min

December 19, 2025

Mint Ahmedabad

PVR Inox to get Dhurandhar boost in Q3; content is king

Multiplex chain PVR Inox Ltd is set to close the curtains on the December quarter (Q3FY26) on a decent note.

time to read

1 mins

December 19, 2025

Mint Ahmedabad

Stablecoins are not superfluous: They play a useful signalling role

These tokens reveal our fear of missing out and beliefs as digital creations join the world of finance

time to read

3 mins

December 19, 2025

Mint Ahmedabad

New code to overhaul securities market rules

Bill to consolidate three laws, proposes stricter conflict norms for Sebi officials

time to read

2 mins

December 19, 2025

Mint Ahmedabad

We need a paradigm shift away from masculine ideas

India's economic growth is not producing enough jobs for its youth.

time to read

3 mins

December 19, 2025

Mint Ahmedabad

L Catterton bets on Haldiram Snacks

Consumer-focused global investment firm L Catterton has invested an undisclosed amount in Temasek-backed Haldiram Snacks Food Pvt. Ltd and entered into a strategic partnership, as private equity interest in India’s snacks and packaged foods sector continues to rise.

time to read

1 min

December 19, 2025

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