BluSmart Seeks Buyer Amid Struggles (Communities - News & Events)

INNetAds > Communities > News & Events

Item ID 3125957 in Category: Communities - News & Events

BluSmart Seeks Buyer Amid Struggles


Industry reports suggest that Uber might be thinking at purchasing Everest Fleet, its vendor.

With a daring plan to transform urban mobility and construct the nation’s first all-electric ride-hailing fleet, BluSmart took to the Indian road in 2019. With the promise of cleaner air and environmentally friendly transportation, the business swiftly established itself in a market that was dominated by Ola and Uber. By 2024, however, BluSmart is at a turning point in its history.

Despite its early success, the company is already actively looking for a buyer since its asset-heavy business strategy is putting a strain on its finances. According to reports, Uber, a ride-hailing company, is in the early stages of negotiations to purchase BluSmart.

This is still extremely early in the conversation. It’s possible that Uber is considering if this would work well together. Currently, nevertheless, BluSmart’s assets are too costly for anyone to purchase. This agreement will take a lot longer to move along, according to an industry source with knowledge of the situation.


Related Link: Click here to visit item owner's website (0 hit)

Target State: Uttar Pradesh
Target City : Lucknow
Last Update : 25 March 2025 11:40 AM
Number of Views: 22
Item  Owner  : Voiceofentrepreneur
Contact Email:
Contact Phone: 9315895421

Friendly reminder: Click here to read some tips.
INNetAds > Communities > News & Events
 © 2025 INNetAds.com
2025-03-29 (0.408 sec)