How BluSmart affects daily commuting in Delhi-NCR, Mumbai and Bengaluru

BluSmart, the EV ride-hailing service, abruptly suspended operations in Delhi-NCR, Mumbai, and Bengaluru, leaving commuters stranded and drivers in limbo. This disruption follows regulatory action by SEBI against BluSmart’s promoter company, Gensol Engineering, due to alleged fund diversions and governance lapses.