<ul><li>BluSmart, India’s all-electric cab-hailing startup, appears to have suspended service in some cities amid a probe into Gensol Engineering.</li><li>BluSmart had been operating in Delhi-NCR, Bengaluru, and Mumbai, but no longer shows available slots to many riders.</li><li>The suspension of BluSmart's service comes after the market regulator launched an investigation into Gensol Engineering, which shares co-founders with BluSmart.</li><li>BluSmart had disclosed impressive financial growth and had raised $25 million in funding prior to the suspension of its service.</li></ul>

India’s Uber-rival BluSmart appears to suspend service in wake of EV loan probe

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