#blusmart

[deborahunderhill-blog]

First time using an intelligent 3D pen - I made a basket 😂#3d #3dpen #3dprinting #intelligent #blusmart #art #mywork #3dart #student #orange #basket #crazy #geniusinthemaking #saturdayafternoon

[voiceofentrepreneurlife]

The CEO and several top executives of BluSmart resign.

Multiple high-level departures have occurred at BluSmart Mobility, which is actively restructuring its operations to optimize its finances. Sources claim that the company’s chief executive officer, Anirudh Arun, chief business officer, Tushar Garg, chief technology officer, and vice-president of experience, Priya Chakravarthy, have all resigned. 

One of the sources stated that Nandan Sharma, who was previously the vice-president of business and operations, will become the CEO, and that other departures might occur in the days ahead. Read more

[impactnews-webmaster-us]

In The Dock : E- Cab BluSmart Becomes Non- Operational In Delhi-NCR, Mumbai, Bengaluru ; Customers, Drivers Left In Lurch - Impact News Indi

The sudden suspension puts the livelihood of thousands of drivers at risk and has led to customers venting out their frustration on social m

[journosatyam]

लोन EV के लिए, खर्च अपने शौक पर! BluSmart के मालिकों का खेल समझिए

ओला-उबर की तरह की कैब सर्विस देने वाली एक कंपनी है- ब्लू स्मार्ट. यह एक स्टार्टअप है, जिसकी शुरुआत जनवरी 2019 में हुई थी. ब्लू स्मार्ट की खास बात यह है कि इसके बेड़े में सभी गाड़ियां इलेक्ट्रिक हैं. इस कंपनी को तीन लोगों- अनमोल सिंह जग्गी, पुनीत सिंह जग्गी और पुनीत गोयल ने मिलकर शुरू किया था.

जाहिर है किसी भी स्टार्टअप को आगे बढ़ना है तो उसे पैसों की जरूरत पड़ेगी और यह पैसा आएगा लोन से. ब्लू स्मार्ट के फाउंडर में से दो- अनमोल सिंह जग्गी और पुनीत सिंह जग्गी ने भी ऐसा ही किया. इन्होंने भी लोन लिया लेकिन इससे इलेक्ट्रिक गाड़ियां खरीदने की बजाय अपने शौक पूरे किए. आरोप है कि जग्गी ब्रदर्स ने मिलकर 262 करोड़ रुपये की हेराफेरी की. इसे स्टार्टअप सिस्टम का सबसे बड़ा घोटाला माना जा रहा है. इसलिए सिक्योरिटी एक्सचेंज बोर्ड ऑफ इंडिया (SEBI) ने इन पर ऐक्शन लिया है. SEBI ने जग्गी भाइयों पर शेयर मार्केट में ट्रांजेक्शन करने पर रोक लगा दी है. साथ ही यह भी रोक लगाई है कि इन दोनों को किसी भी कंपनी में मैनेजमेंट के रोल में नहीं रखा जाएगा. इन्होंने यह सारा खेल कैसे किया? समझते हैं.

पूरा आर्टिकल यहां पढ़ें👇

लोन EV के लिए, खर्च अपने शौक पर! BluSmart के मालिकों का खेल समझिए

[autoevtimes]

https://autoevtimes.com/blusmart-to-pivot-business-model-partner-with-uber/

[voiceofentrepreneurlife]

The CEO And Several top executives of BluSmart resign.

Multiple high-level departures have occurred at BluSmart Mobility, which is actively restructuring its operations to optimize its finances. Sources claim that the company’s chief executive officer, Anirudh Arun, chief business officer, Tushar Garg, chief technology officer, and vice-president of experience, Priya Chakravarthy, have all resigned. 

One of the sources stated that Nandan Sharma, who was previously the vice-president of business and operations, will become the CEO, and that other departures might occur in the days ahead.

This follows the announcement of a restructuring by the company BluSmart. In so doing, the company’s parent body, Gensol Engineering, is terminating its existing lease agreements. As part of this transaction, Refex Green Mobility will be buying 2,997 electric cars from Gensol, and the cars will then be leased to BluSmart by Refex Green Mobility. The single deal charges Refex with the Rs 315-crore existing debt of Gensol, and this takes care of nearly 34 percent of the entire fleet of BluSmart: 8,700 cars. Notably, the agreement has not yet secured the necessary regulatory approvals.

According to the company’s assertions, its ride-hailing services will not be significantly impacted by the operational restructure.

The reorganization and leadership changes occur at a difficult moment for Gensol, whose borrowing status was recently downgraded to default by two rating agencies. Visit Voice of Entrepreneur

[voiceofentrepreneurlife]

One of the oldest EV ride-hailing businesses in India, BluSmart, is looking for a sale. What comes next?

Industry reports suggest that Uber might be thinking at purchasing Everest Fleet, its vendor.

With a daring plan to transform urban mobility and construct the nation’s first all-electric ride-hailing fleet, BluSmart took to the Indian road in 2019. With the promise of cleaner air and environmentally friendly transportation, the business swiftly established itself in a market that was dominated by Ola and Uber. By 2024, however, BluSmart is at a turning point in its history. 

Despite its early success, the company is already actively looking for a buyer since its asset-heavy business strategy is putting a strain on its finances. According to reports, Uber, a ride-hailing company, is in the early stages of negotiations to purchase BluSmart.

This is still extremely early in the conversation. It’s possible that Uber is considering if this would work well together. Currently, nevertheless, BluSmart’s assets are too costly for anyone to purchase. This agreement will take a lot longer to move along, according to an industry source with knowledge of the situation. Visit Voice of Entrepreneur

[entrepreneurkiawaz]

Uber is in early negotiations to buy BluSmart, an EV ride-hailing company.

The discussions take place as Gensol Engineering, the parent company of BluSmart, struggles with liquidity.

Since its parent company, Gensol Engineering, wants to get out of the capital-intensive industry, ride-hailing behemoth Uber is in the early stages of negotiations to buy BluSmart, an electric vehicle-based taxi service provider, according to sources who spoke to Moneycontrol.

The discussions start when Gensol Engineering, the parent company of BluSmart, has cash problems. BluSmart denies ever having such a conversation with Uber.

“BluSmart flatly rejects any talks or negotiations about being acquired by Uber. Such a development is completely theoretical and unfounded, according to the article. “As the top EV ride-hailing and charging infrastructure platform in India, BluSmart is committed to growing its business, extending its reach, and advancing sustainable mobility,” a BluSmart representative stated in response to Moneycontrol’s questions. Visit Entrepreneur Ki Awaz