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Image Credit: Bloomberg Quint

BluSmart Services Unavailable After SEBI Order On Gensol And Jaggi Brothers

  • BluSmart's app is currently unable to provide cab rides in Mumbai, Delhi NCR, and Bengaluru.
  • The unavailability is a result of SEBI's interim order against Gensol Engineering and its promoters, the Jaggi brothers.
  • The order revealed document fabrication and diversion of loans sanctioned for electric vehicle procurement.
  • BluSmart, co-founded by the Jaggi brothers, claims to be India's largest zero-emission ride-hailing service.

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