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BluSmart

BluSmart Suspends Services Following SEBI’s ₹978 Crore Loan Fraud Action

BluSmart Suspends Services Following SEBI’s ₹978 Crore Loan Fraud Action

17 Apr 2025

India's electric cab-hailing platform BluSmart has unexpectedly halted its operations in key cities such as Delhi, Bengaluru, and Mumbai. The abrupt disruption comes following a Securities and Exchange Board of India (SEBI) ban on the firm's promoters Anmol Singh Jaggi and Puneet Singh Jaggi in the high-profile Gensol Engineering Limited...

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