BluSmart (is dead)

[User007]

Support has been holding me for like half an hour for a refund, still no reply

 

[Sushubh]

We’ve decided to temporarily close bookings on the BluSmart app. We truly appreciate your support. While we strive to be back soon to serve you with the same warmth and smile, we will initiate a refund within the next 90 days if services do not resume before then.

Got this message on mail.

 

[Sushubh]

Allegations of family excess threaten success story of Indian EV cab startup BluSmart

BluSmart was seen as a high-quality, climate-friendly option in India’s rapidly expanding app-based cabs market

www.independent.co.uk

 

[Sushubh]

BluSmart Cabs Start Getting Rebranded As Uber Green In Bengaluru

BluSmart is said to lease some of electric cabs to Uber Green and operate a leaner fleet. An outright acquisition of BluSmart is off the table, for now.

www.ndtvprofit.com

 

[Sushubh]

Explained | Luxury apartment, golf set: How BluSmart promoters diverted loan funds over Rs 260 cr

SEBI orders action against Gensol Engineering promoters for diverting over Rs 260 crore in loan funds to personal expenses, including luxury apartments and golf sets.

www.deccanherald.com

From a Camellias flat to crores for family: How the Jaggi brothers diverted loan funds meant for BluSmart’s EVs

Based on its investigation, Sebi also found that Gensol misled investors by claiming it had received pre-orders for 30,000 of its newly launched EVs at the Bharat Mobility Global Expo in January.

indianexpress.com

BluSmart services shut: How founders, the Jaggi brothers, swindled money – Firstpost

 

[anmolbhard004]

time to remove the ? from title now

The Trip Comes To An End Times ePaper Online - Read Today’s English, Marathi News Paper Online

 

[Sushubh]

Source

 

[Navjot Singh]

Sounds like a financial firm. What do they know about running cabs?

 

[Navjot Singh]

So they act as partners. Apparently they partnered with Uber for green cabs. Sure the service is running great after 2 years. Maybe they will help transfer all blu cabs to Uber. Lol

 

[Sushubh]

BluSmart allegations will erode investor trust, warns former BSE chairman Sethurathnam Ravi

Former BSE chairman Sethurathnam Ravi expresses concern over BluSmart allegations, warning of damage to investor trust in startups.

www.thehindu.com

No one cares about the actual customer of the service