💨 Abstract

BluSmart, India's all-electric cab-hailing startup, has suspended service in some cities following a probe by the Securities and Exchange Board of India into Gensol Engineering, a publicly listed company with two of BluSmart's co-founders. The co-founders were accused of misusing loan funds. The unavailability of BluSmart's service has caused concern among customers over wallet access.

Courtesy: techcrunch.com

Summarized by Einstein Beta 🤖