BluSmart enters insolvency proceedings amid corporate governance challenges

Gensol Engineering

29/07/2025 10:04

July 29 (Reuters) - Indian electric cab service BluSmart has entered insolvency proceedings as corporate governance challenges mount after a regulatory investigation found its co-founder allegedly diverted and misused funds meant to buy cars, its interim resolution professional firm said on Tuesday.

 (Reporting by Manvi Pant)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))