What is BluSmart? Their Recent Cases Before Collapsed
BluSmart, once hailed as a trailblazer in India's electric ride-hailing scene, abruptly ceased operations in April/May 2025. The company, known for its all-electric fleet and distinct business model of direct vehicle ownership, faced a dramatic downfall attributed to significant financial irregularities and a breakdown in corporate governance, leaving thousands of drivers and customers in limbo. This article explores BluSmart's initial promise, its operational model, and the critical issues that led to its unexpected demise.
2025-05-21Read