Room rent, kids’ fees, medical bills: Jobless Blusmart drivers stare at uncertainty
“I was on off that day. But my roommate, who is also a Blusmart driver, called me and told me ‘Blusmart ka message aaya hai, company band ho gayi hai (Blusmart has messaged us, the company has shut down),” says an annoyed Ashish Kumar, who was one among the thousands of electric cab drivers in Delhi-NCR who lost their job at the Gurgaon-based startup overnight.Popular electric cab service BluSmart hit the brakes on Wednesday, just a day after Gensol Engineering Ltd which owns the startup was pulled up by India’s top market regulator Securities and Exchange Board of India (SEBI) for fund diversion and document falsification, upending the lives of its drivers and their families.
Brothers Anmol and Puneet Singh Jaggi, promoters of Blusmart, stand accused of diverting Rs 262 crore – loaned by ...