ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/blusmart” target=”_blank”>BluSmart has appointed ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/grant-thornton” target=”_blank”>Grant Thornton for a ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/forensic-audit” target=”_blank”>forensic audit after a regulatory investigation found its co-founder allegedly diverted and misused funds which were meant to buy cars, two people with direct knowledge said.
A rival to Uber and India’s Ola, BluSmart became hugely popular with its all-electric fleet of more than 8,000 taxis, setting up large-scale charging hubs in cities such as New Delhi, Mumbai and Bengaluru. In 2023, the company said it had a 9% market share in New Delhi.
BluSmart suspended services last week after market regulator ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/sebi” target=”_blank”>Sebi…
