blusmart

blusmart is experiencing widespread booking issues across Delhi-NCR, Bengaluru, and Mumbai due to its strategic shift to integrate its EV fleet with Uber's platform. This transition follows financial difficulties, including high cash burn rates and regulatory action against Gensol Engineering, linked to blusmart's co-founder. The company has already scaled down its services significantly amid ongoing scrutiny and financial instability.

blusmart, Gensol's EV ride-hailing platform, has paused new bookings amid operational restructuring, shifting its fleet to Uber. SEBI revealed Gensol promoters diverted funds meant for EV procurement to purchase a luxury apartment. The investigation highlighted fund transfers from Gensol routed back through related entities, and blusmart has reportedly delayed salary payments.

Gensol’s aggressive growth strategy in green business encountered harsh realities, compounded by corporate governance issues. As a result, sister concern blusmart’s clean mobility ambitions are now in jeopardy

Uber is in early discussions to acquire blusmart Mobility, an electric cab service in India. This deal could strengthen Uber's presence in the growing electric vehicle market. blusmart operates a fleet of over 5,000 electric vehicles in cities like Delhi, Mumbai, and Bengaluru. The acquisition could also help Uber compete better with rivals in India's urban mobility market.

With the UAE’s Net Zero 2050 commitment at its core, Dubai is investing heavily in solar power, green hydrogen, and EV infrastructure. Thus, creating a blueprint for a sustainable Middle East.

Electric vehicles and renewable energy are set to transform urban transport in India within the next decade, addressing urban pollution and improving reliability. blusmart Mobility, an EV-only ridehailing service, highlights the benefits of EVs and the importance of infrastructure and innovative technology in this shift.

blusmart has secured Rs 100 crore in EV financing through its 'Assure by blusmart' initiative. The program allows partners to buy electric cars and lease them to blusmart, and has seen tenfold growth within its first year. This initiative has attracted support from various financial institutions and helped blusmart diversify its fleet with premium vehicles.

blusmart has partnered with Tata Power to source green power and achieve zero-tailpipe emissions in its EV charging infrastructure. With 6,000 EVs and 4,000 chargers across 35 superhubs, blusmart is making significant strides in decarbonizing mobility in India.

EV ride-hailing and charging provider blusmart on Tuesday said it has crossed the annual revenue run rate (ARR) of Rs 400 crore. Operating in Delhi-NCR and Bengaluru, blusmart has achieved a milestone of 5,000 electric vehicles (EVs). It has also set up over 3,900 EV charging points across 32 charging hubs at key locations in two cities.

Electric ride-hailing service blusmart on Tuesday announced it has raised $25 million as part of its extended Series A1 round. In total, the startup has raised $50.7 million as part of its Series A round.

blusmart, India's first all-electric ride-hailing platform on Tuesday announced that they are expanding their services in Delhi. blusmart cabs will now be operational in Vasant Kunj, Vasant Vihar, Dwarka, Mahipalpur, and in the areas of Mehrauli-Gurgaon Road (MG Road) starting Tuesday.

Citroen and blusmart collaborate to introduce 4,000 e-C3 units in India, enhancing the EV landscape. blusmart deploys 125 e-C3 SUVs from Bengaluru superhub, offering advanced features like a 320 km range, fast charging, and regenerative braking.

blusmart, an electric vehicle ride-hailing service operator in India, has received carbon credit accreditation from Verra, making it the first mobility company in the country to achieve this.

New Delhi, Jan 14 () Gensol Mobility Monday said it has launched India's first electric vehicle (EV) taxi fleet, BLU-SMART, in Delhi-NCR with about 70 cars that will be ramped up to 400 vehicles by the end of March 2019.

A fleet of electric taxis from blusmart Mobility on Monday got an exclusive pick-up bay for passengers at Kempegowda International Airport (KIA) alongside app taxi aggregators Uber and Ola.