Uber To Acquire Startup EV Ride Firm BluSmart? Here’s Why BluSmart Is Denying
17 Mar 2025
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...
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