<ul><li>BluSmart, an EV ride-hailing startup, faces challenges as its key leasing customer, Gensol Engineering, gets downgraded to 'Junk.' BluSmart's fleet ownership is now under a new third-party lessor, putting it at the mercy of competitors like Uber India.</li><li>BluSmart's losses, leadership uncertainties, and operational issues have weakened its position as a challenger to Ola-Uber in India's ride-hailing market.</li><li>Investment tech unicorn Groww plans to raise $200 million in a pre-IPO round from GIC fund and Tiger Global at a valuation of $6.5 billion.</li><li>MobiKwik, a fintech firm, enters the investment tech space by setting up a wholly owned subsidiary to compete with Zerodha and Groww.</li></ul>

BluSmart Breaks Down, Groww Eyes $200 Mn & More

Discover more