Ashneer Grover Breaks Silence On BluSmart Scandal: 'I’m The Loss Bearer Here'

This company was once famous for its all-electric fleet and green business model. Due to which many big names have invested in it. From former Indian cricket team captain Mahendra Singh Dhoni (MS Dhoni) to Bollywood actress Deepika Padukone, Sanjeev Bajaj of Bajaj Capital and former Shark Tank India judge Ashneer Grover also have money in it.

BluSmart’s Betrayal: A Scandalous Collapse of India’s EV Dream

BluSmart Mobility, once hailed as the golden child of India’s electric vehicle revolution, has crashed spectacularly, leaving a trail of broken promises, stranded riders, and furious investors. Launched in January 2019 in Gurugram by Anmol Singh Jaggi, Punit K Goyal, and Puneet Singh Jaggi, the company seduced urban India with its clean, punctual, all-electric cabs and courteous drivers. It raked in $3 million from angel investors like Hero Moto…

BluSmart Fund Diversion Row: Dhoni, Deepika, Grover Among Investors in EV

The electric cab startup BluSmart was once a rising star in India's green mobility space but has now paused ride bookings. This was after allegations came from the Securities and Exchange Board of India (Sebi) that co-founder Anmol Jaggi diverted money that was intended for buying vehicles. Since its inception in 2018, the company has raised more than INR 4,100 crore and counts some high-profile backers among its investors, including cricketer M…

Ashneer Grover Breaks Silence On BluSmart Scandal: 'I’m The Loss Bearer Here'

Even as BluSmart’s wheels grind to a halt in Delhi, Mumbai, and Bangalore, and Gensol finds itself ensnared in SEBI’s crosshairs for alleged fund diversion and stock manipulation, Ashneer Grover finds himself dragged into the storm. In a candid exchange with News X correspondent Bryan Thomas, Grover, the outspoken founder of Third Unicorn, addressed SEBI’s findings that Rs 50 lakh from Gensol-linked funds ended up in his startup. His stance? Blu…

BluSmart-Gensol Whistleblowers Reveal New Fraud & Cover-Up Details – TICE News - Corruption By Cops

BluSmart-Gensol Whistleblowers Reveal New Fraud & Cover-Up Details  TICE News Source link The post BluSmart-Gensol Whistleblowers Reveal New Fraud & Cover-Up Details – TICE News first appeared on Corruption By Cops.