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BluSmart Co-Founder Puneet Jaggi Detained From Delhi Hotel: Sources
EV cab service BluSmart co-founder Puneet Jaggi has been detained from a hotel in Delhi by the Enforcement Directorate (ED) in a money laundering case linked to Gensol Group, another company that he co-founded, sources said today.
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This CEO Reveals How He Called Out BluSmart Founders 2 Years Ago
Long before the actions of BluSmart co-founders Anmol Jaggi and his brother Punit Jaggi came under scrutiny, a founder-CEO of a wellness platform called out the duo in a WhatsApp group.
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Gensol Misled Investors, No Manufacturing At Pune EV Plant: SEBI
Sebi has prohibited Gensol and its promoters -- Jaggi brothers - from accessing the securities market until further notice.
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The BluSmart (And Gensol) Story: Missing Crores, A Luxury Flat, And EV Cabs
In July 2024 EV cab service BluSmart raised Rs 200 crore in funding from new investors like ex-India cricket team captain MS Dhoni. But, less than a year later, it has shut operations amid Sebi investigation into car leasers Gensol.
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Meet Anmol, Puneet Singh Jaggi, BluSmart Founders Accused Of Funds Misuse
The brothers allegedly misused Rs 978 crore - meant for buying electric vehicles - for personal luxuries, including a DLF Camellias apartment and a Rs 26 lakh golf set, SEBI said in its interim order.
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BluSmart Stops Cab Bookings: Here's How To Reclaim Blu Cab Wallet Balance
Electric cab service BluSmart, once a potential competitor to giants such as Uber and Ola, has suspended its services in Delhi-NCR, Bengaluru and Mumbai.
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"The News Hits Hard": Internet Reacts To BluSmart Shutting Down Amid SEBI Order
BluSmart remained non-operational across Delhi-NCR, Bengaluru and Mumbai, as SEBI cracked down on its co-founder over alleged misuse of funds at an affiliated company.
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Fund Diversion, Rs 42 Crore Luxury Flat: Why SEBI Cracked Down On Gensol
SEBI has barred Gensol Engineering promoters - Anmol Singh Jaggi and Puneet Singh Jaggi - from the securities market.
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BluSmart Begins Shutting Operations, May Become Uber's Fleet Partner: Report
Gensol Engineering promoters and brothers Anmol and Puneet Singh Jaggi resigned from their directorial roles.
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Explained: SEBI Action Against BluSmart And What Will Happen To Promoters
The regulatory body also restrained the duo from participating in the securities market until further notice.
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Cab Company BluSmart Halts Services In Delhi, Mumbai, Bengaluru: Here's Why
Electric cab service BluSmart has temporarily suspended its operations in Delhi NCR, Mumbai, and Bengaluru. Although the app is available on the Play Store, it doesn't allow users to book or schedule rides until May 7.
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"Cheekbone Fracture...": BluSmart Cab Ride Turns Nightmare For Bengaluru Man, CEO Reacts
A cab ride turned into a nightmare for a Bengaluru-based man, who had a "broken nose, a fractured cheekbone, and trauma for life" after his driver jumped a red light signal and rammed a truck in the city.
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"Feels Personal": BluSmart Founder After Cab Driver Robs Woman At Gunpoint
A short cab ride turned into a nightmare for a Gurugram woman and her son after the cab driver held them at gunpoint and forced her to transfer Rs 55,000 into his account. The cab driver then made the mother and son exit the vehicle and sped away.
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BluSmart To Zepto, LinkedIn Unveils Its Top Startups List For Delhi-NCR
If you are looking for the top startups to work in the national capital region then the LinkedIn Tops Startups in Delhi-NCR 2024 report is a must-read.
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EV Taxi Startup BluSmart Bets on All-Electric Fleet to Take on Uber, Ola in India
Indian ride-hailing startup BluSmart is seeking to challenge Uber and Ola for market share in the country with bets on an all-electric taxi fleet and an aggressive bid to lure disgruntled passengers and drivers from the incumbents.
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BluSmart Co-Founder Puneet Jaggi Detained From Delhi Hotel: Sources
EV cab service BluSmart co-founder Puneet Jaggi has been detained from a hotel in Delhi by the Enforcement Directorate (ED) in a money laundering case linked to Gensol Group, another company that he co-founded, sources said today.
-
This CEO Reveals How He Called Out BluSmart Founders 2 Years Ago
Long before the actions of BluSmart co-founders Anmol Jaggi and his brother Punit Jaggi came under scrutiny, a founder-CEO of a wellness platform called out the duo in a WhatsApp group.
-
Gensol Misled Investors, No Manufacturing At Pune EV Plant: SEBI
Sebi has prohibited Gensol and its promoters -- Jaggi brothers - from accessing the securities market until further notice.
-
The BluSmart (And Gensol) Story: Missing Crores, A Luxury Flat, And EV Cabs
In July 2024 EV cab service BluSmart raised Rs 200 crore in funding from new investors like ex-India cricket team captain MS Dhoni. But, less than a year later, it has shut operations amid Sebi investigation into car leasers Gensol.
-
Meet Anmol, Puneet Singh Jaggi, BluSmart Founders Accused Of Funds Misuse
The brothers allegedly misused Rs 978 crore - meant for buying electric vehicles - for personal luxuries, including a DLF Camellias apartment and a Rs 26 lakh golf set, SEBI said in its interim order.
-
BluSmart Stops Cab Bookings: Here's How To Reclaim Blu Cab Wallet Balance
Electric cab service BluSmart, once a potential competitor to giants such as Uber and Ola, has suspended its services in Delhi-NCR, Bengaluru and Mumbai.
-
"The News Hits Hard": Internet Reacts To BluSmart Shutting Down Amid SEBI Order
BluSmart remained non-operational across Delhi-NCR, Bengaluru and Mumbai, as SEBI cracked down on its co-founder over alleged misuse of funds at an affiliated company.
-
Fund Diversion, Rs 42 Crore Luxury Flat: Why SEBI Cracked Down On Gensol
SEBI has barred Gensol Engineering promoters - Anmol Singh Jaggi and Puneet Singh Jaggi - from the securities market.
-
BluSmart Begins Shutting Operations, May Become Uber's Fleet Partner: Report
Gensol Engineering promoters and brothers Anmol and Puneet Singh Jaggi resigned from their directorial roles.
-
Explained: SEBI Action Against BluSmart And What Will Happen To Promoters
The regulatory body also restrained the duo from participating in the securities market until further notice.
-
Cab Company BluSmart Halts Services In Delhi, Mumbai, Bengaluru: Here's Why
Electric cab service BluSmart has temporarily suspended its operations in Delhi NCR, Mumbai, and Bengaluru. Although the app is available on the Play Store, it doesn't allow users to book or schedule rides until May 7.
-
"Cheekbone Fracture...": BluSmart Cab Ride Turns Nightmare For Bengaluru Man, CEO Reacts
A cab ride turned into a nightmare for a Bengaluru-based man, who had a "broken nose, a fractured cheekbone, and trauma for life" after his driver jumped a red light signal and rammed a truck in the city.
-
"Feels Personal": BluSmart Founder After Cab Driver Robs Woman At Gunpoint
A short cab ride turned into a nightmare for a Gurugram woman and her son after the cab driver held them at gunpoint and forced her to transfer Rs 55,000 into his account. The cab driver then made the mother and son exit the vehicle and sped away.
-
BluSmart To Zepto, LinkedIn Unveils Its Top Startups List For Delhi-NCR
If you are looking for the top startups to work in the national capital region then the LinkedIn Tops Startups in Delhi-NCR 2024 report is a must-read.
-
EV Taxi Startup BluSmart Bets on All-Electric Fleet to Take on Uber, Ola in India
Indian ride-hailing startup BluSmart is seeking to challenge Uber and Ola for market share in the country with bets on an all-electric taxi fleet and an aggressive bid to lure disgruntled passengers and drivers from the incumbents.
