Ride-hailing EV startup Blusmart faces uncertain future
Blusmart, the electric ride-hailing startup launched in 2018, has suspended its operations following SEBI allegations over fund diversion. The Bengaluru-based company raised over Rs 4,100 crore from investors, including high-profile figures like cricketer MS Dhoni, actress Deepika Padukone, business leader Sanjeev Bajaj, and BharatPe co-founder Ashneer Grover.
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