Uber acquisition BluSmart: Scoop: Uber in early discussions with EV ride-hailing startup BluSmart for a possible acquisition

Uber in early talks to acquire EV ride-hailing firm BluSmart

The talks come in as BluSmart's parent company Gensol Engineering is facing liquidity issues.

Uber To Acquire Startup EV Ride Firm BluSmart? Here's Why BluSmart Is Denying

Uber, the global ride-hailing behemoth, is said to be in preliminary talks of acquiring BluSmart, India’s top electric vehicle-based taxi service, as BluSmart’s parent entity, Gensol Engineering, is struggling financially. Sources say that Gensol, having entered the EV segment initially through BluSmart, wishes to de-merge the money-guzzling business. BluSmart Denies Acquisition Talks Much to the contrary of reports of acquisition talks, BluSmar…

Uber Initiates Talks To Acquire BluSmart, Says Report; Startup Denies

Ride-hailing giant Uber is reportedly in early talks to acquire EV cab-hailing startup BluSmart Mobility. The development comes at a time when Gensol Engineering, a solar engineering, procurement and construction company, which owns a meaty share of BluSmart’s fleet of 8,500-strong EV fleet, is facing liquidity challenges, ET reported. Anmol Singh Jaggi, the cofounder of  BluSmart, is the chairman and managing director of Gensol Engineering. If …

Uber acquisition BluSmart: Scoop: Uber in early discussions with EV ride-hailing startup BluSmart for a possible acquisition

Uber is in early talks to acquire BluSmart Mobility, boosting its electric cab presence in India. The move comes amid Gensol Engineerings financial troubles, increasing competition and Ubers strategic focus on the mobility sector.

Uber in talks to acquire BluSmart to boost India’s EV ride-hailing market presence: Reports

Uber Technologies, the US-based ride-hailing firm, is reportedly in initial discussions to acquire BluSmart Mobility, an electric cab service operating ...

BluSmart EV Crisis Finds Opportunity in Potential Takeover

March 16, 2025: Amid a turbulent period for India’s electric vehicle (EV) ride-hailing industry, a potential lifeline has emerged for one of its key players BluSmart. With financial challenges mounting, the ride-sharing firm in question may find a way forward through takeover talks with global giant Uber – the transportation and ride-sharing technology company. These discussions could pave the way for a new chapter in the firm’s journey, providi…