If you are a Blusmart user in Delhi or Benjaluru, here you should know

Blusmart, an emerging electric navigation company that promised to have a sustainable application based on the application, has suspended sudden new reservations on its platform in its largest market-Delhi -Ncr and Bengaluru. Although the application is still functional and available for download, users are unable to reserve horseback, select time openings, or even choose travel dates, and to effectively put the service without prior notice.

If you are a regular Blusmart user, here is a rapid collapse of what is happening – and what you should prepare for:

1. No new reservations – what this means for you

Currently, the Blusmart app does not allow any new reservations in Delhi or Bangaluru. This stop comes without any public advertisement from the company, leaving the current users in the dark about continuous or future travel plans. If you have a next scheduling, it is best to check your application status – although no clear information about the cancellation or recovered amounts.

2. Why did the service stop?

The comment follows a significant investigation by the Sebi (Securities Council and Stock Exchange) to the main Gensol-Plusmart Engineering and the financial supporter and the EV leasing partner. Gensol, founded by Anmol and Punete Jaggi (which also participated in the founding of Blusmart), misused the use of government supported loans of more than 200 rupees, according to the investigation.

Instead of buying 6,400 EVS as planned, only 4,704 have been delivered. It was claimed that the rest of the money had been spent on the luxury luxury elements. As a result, Sebi prevented Jaggi brothers from holding major roles in listed companies – giving domino effect through Blusmart leadership and operations.

3. Leave leadership and corporate reform

In the wake of the scandal, Blusmart undergoes major internal disorders. According to what was resigned from senior executives, including CEO, Executive Director, Executive Director, and Vice President of Experience.

This disposal of companies leaves a leadership void just as the company faces one of its biggest operating crises.

4. Blusmart to become a Uber fleet partner?

Blausmart appears to be away from its app -based style. According to reports, the company will become a fleet partner in Uber. The shareholders have agreed to gradually transfer from 700 to 800 volts to the Uber platform in the coming weeks.

This is a major transformation-from building a sustainable sustainable brand to ride to work as a supplier under a global complex.

5. What about the recovered amounts, support and current users?

As of now, Blusmart has not released any official contact about: the amounts of pre -preserved horse riding, the availability of customer support and reactivation of services.

If you are an affected user, you may want to monitor the application or social media channels in Blusmart to get updates – but so far, silence was designed.

6. The biggest picture

The Blausmart model depends on the continuous capital to expand the EV fleet. With the disruption of its financial pipeline and the credibility of this, its ability to present the same reliability, the experience of customers and the sustainability that it promised once in danger.