Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
EV startup BluSmart denies being in acquisition talks with Uber
short by Mansi Agarwal / on Sunday, 16 March, 2025
Electric vehicle-based ride-hailing startup BluSmart has denied being in talks with Uber to sell its business. This comes after reports said BluSmart's parent company Gensol Engineering plans to sell the capital-intensive startup due to liquidity issues. "Uber is scoping out BluSmart's assets...particularly the electric vehicle fleet," a source told the Economic Times.
read more at Moneycontrol