BluSmart
General
Independent directors exit Gensol after co-founders probed
Two independent directors at embattled Gensol Engineering resigned, the company said on Thursday, marking the third exit this week after ......
TMT
IBM could be a quiet beneficiary of BluSmart, Gensol founders' fund diversion
As regulatory scrutiny tightens around the loan defaults and diversion of funds by Anmol Singh Jaggi and Puneet Singh Jaggi, ......
Consumer
BluSmart suspends operations as SEBI probes co-founder over fund diversion
Indian electric cab service BluSmart, seen as a rival to Uber, suspended services on Thursday, days after a market regulator's ......
Infrastructure
DLF Camellias in spotlight for the wrong reason as SEBI probes Gensol fund diversion
The Camellias, an ultra-luxury project of real estate developer DLF Ltd in Gurugram that has made headlines for the past ......
TMT
SEBI bars Gensol founders from top company roles over BluSmart debt issue
India's markets regulator on Tuesday barred Gensol Engineering's founders from holding key positions in the company after allegedly defaulting on ......
General
Grapevine: BluSmart, PhysicsWallah, SBI Caps, and Cred in news
Electric mobility startup BluSmart is planning to shutter its ride-hailing business and become a fleet partner for Uber as financial ......
Finance
What's at stake for VCs, angel investors as BluSmart ride gets bumpier?
Dozens of angel investors as well as several venture capital firms and one of the world’s most prominent impact investors ......
Finance
IPV clocks 14 exits in 2024, flags tough market conditions
Angel investing platform Inflection Point Ventures (IPV) said on Thursday that it generated an internal rate of return (IRR) of ......
General
Grapevine: True North, Infinity Fincorp, Groww, BluSmart and Ashok Leyland in news
Private equity firm True North is looking to sell its majority stake in Mumbai-based non-banking finance company Infinity Fincorp Solutions, ......
General
Grapevine: Uber, BluSmart, Statkraft, Farallon Capital in news
Ride-hailing company Uber Technologies is in early talks to acquire Gurugram-based electric cab service provider BluSmart Mobility, a media report ......
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