Uber is in early negotiations to buy BluSmart, an EV ride-hailing company. (Communities - News & Events)

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Item ID 3125258 in Category: Communities - News & Events

Uber is in early negotiations to buy BluSmart, an EV ride-hailing company.


The discussions take place as Gensol Engineering, the parent company of BluSmart, struggles with liquidity.

Since its parent company, Gensol Engineering, wants to get out of the capital-intensive industry, ride-hailing behemoth Uber is in the early stages of negotiations to buy BluSmart, an electric vehicle-based taxi service provider, according to sources who spoke to Moneycontrol.

The discussions start when Gensol Engineering, the parent company of BluSmart, has cash problems. BluSmart denies ever having such a conversation with Uber.


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Target City : Gurugram
Last Update : 24 March 2025 3:07 PM
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Item  Owner  : Entrepreneurkiawaz
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2025-03-29 (1.084 sec)