BluSmart enters insolvency over financial default
Anmol Singh Jaggi’s EV ride-hailing company faces its latest setback as the NCLT admits an insolvency plea against it.
29 July, 2025•3 min
0
29 July, 2025•3 min
0
Getting your Trinity Audio player ready...

More in Internet
Internet
Inside the math of instant help startups
Millions of VC dollars are being splurged to service the last-minute needs of Indians—little revenue, increasing cash burn and far too many variables. At what point does it all come together?
You may also like
Internet
Exclusive: Anmol Singh Jaggi’s cast of dubious characters
Ghost directors, family members on the payroll and shadow operators—inside the tangled web of power and money at BluSmart and Gensol.
Internet
Exclusive: How Anmol Singh Jaggi kept bp Ventures in the dark
A letter from one of BluSmart’s largest investors reveals how the ride-hailing startup’s promoters withheld critical information from the shareholders and the board while providing consistently inaccurate financial forecasts.
Internet
BluSmart’s messy endgame helps no one but Anmol Singh Jaggi
With his back to the wall, the founder is exploring options that could benefit him much more than others. Even at the expense of the customers, investors, vendors and employees.








