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Blusmart To Shut Operations In Delhi, Mumbai After SEBI Order; What Happens To Wallet Money?
Posted
April 17, 2025
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April 17, 2025
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3:22Now PlayingBluSmart suspended operations after SEBI banned its promoters over a Rs 978 crore loan fraud. Only 4,704 out of 6,400 planned EVs were procured. As BluSmart transitions its fleet to Uber, users are demanding refunds. Initially assured of wallet validity, many were later promised refunds within 5–7 working days.
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