BluSmart
MobilityIndiaClosed 2025
Total Raised
$224M
Peak Valuation
Undisclosed
Employees
—
Year Collapsed
2025
Business model
All-electric ride-hailing fleet operator.
In brief
India's all-electric ride-hailing challenger, once seen as a serious challenger to Uber and Ola, collapsed after regulators flagged an alleged diversion of over Rs 260 crore linked to its affiliate Gensol Engineering, triggering insolvency proceedings in 2025.
See the What Happened tab for the full account.
Key facts
- Founded
- 2019
- Closed
- 2025
- Headquarters
- Gurugram, India
- Industry
- Mobility
- Employees
- —
- Revenue
- Undisclosed
- Founders
- Anmol Singh Jaggi, Puneet Singh Jaggi
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Often compared with: Ola, Uber, Evera Cabs.