BluSmart Delays Salaries Citing Cash Flow Issues: Report

, By INC42
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SUMMARY

In an email to the employees, cofounder Anmol Singh Jaggi has assured that all the pending dues will be cleared by the April end

Due to current cash flow constraints, there will be a short delay in processing salaries, Jaggi said in a mail to the employees

Founded in 2019 by Jaggi and Punit K Goyal, BluSmart offers EV ride-hailing services and charging infrastructure across Delhi NCR and Bengaluru

BluSmart Mobility has reportedly delayed salary payments for the month of March as the electric cab-hailing startup…



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BluSmart Delays Salaries Citing Cash Flow Issues: Report

, Published By INC42
Travel


SUMMARY

In an email to the employees, cofounder Anmol Singh Jaggi has assured that all the pending dues will be cleared by the April end

Due to current cash flow constraints, there will be a short delay in processing salaries, Jaggi said in a mail to the employees

Founded in 2019 by Jaggi and Punit K Goyal, BluSmart offers EV ride-hailing services and charging infrastructure across Delhi NCR and Bengaluru

BluSmart Mobility has reportedly delayed salary payments for the month of March as the electric cab-hailing startup…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
How Observe.AI Is Redefining The Future Of Contact Centres
Next News
Byju Raveendran Sued by Delaware SPV Lenders Over Alleged $533 Million Misappropriation
INC42

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