Defunct EV Ride-Hailer BluSmart Website Domain Up For Sale

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SUMMARY

BluSmart’s official domain “blu-smart.com” is now listed for sale, marking another blow after the EV ride-hailing startup suspended services and its app went defunct

The company is facing insolvency proceedings, with nearly 200 applicants filing claims worth INR 500 Cr, including lenders like IREDA and Catalyst Trusteeship

BluSmart’s downfall is deeply tied to promoter-linked Gensol Engineering’s financial troubles, governance lapses, and regulatory probes against the…



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Defunct EV Ride-Hailer BluSmart Website Domain Up For Sale


SUMMARY

BluSmart’s official domain “blu-smart.com” is now listed for sale, marking another blow after the EV ride-hailing startup suspended services and its app went defunct

The company is facing insolvency proceedings, with nearly 200 applicants filing claims worth INR 500 Cr, including lenders like IREDA and Catalyst Trusteeship

BluSmart’s downfall is deeply tied to promoter-linked Gensol Engineering’s financial troubles, governance lapses, and regulatory probes against the…



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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