Eversource Capital In Talks To Acquire BluSmart

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SUMMARY

Eversource Capital has offered to acquire BluSmart, which is in trouble because of its close connection with Gensol, for around INR 800 Cr to INR 1,000 Cr

Eversource has put up a condition that cofounders Anmol Singh Jaggi and Puneet Singh Jaggi move out of the EV ride-hailing startup

Eversource plans to merge BluSmart with its portfolio startup Lithium Urban and infuse $100 Mn in the combined entity

Climate-focussed PE firm Eversource Capital is in talks to acquire…



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