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EV ride-hailing startup BluSmart is seeking $30 million to address halted operations, unpaid salaries, and mounting liabilities. The funding, backed by existing investors, hinges on the exit of co-founder Anmol Singh Jaggi amid regulatory scrutiny. Talks with Uber and acquisition interest from Eversource Capital signal possible paths to revival.
Reports suggest Uber is in early-stage talks to acquire BluSmart Mobility, a leading EV ride-hailing service in India. However, BluSmart has refuted these claims, stating that no such discussions are taking place. This potential acquisition, if true, could be a strategic move for Uber in India's competitive electric mobility space.
Uber has launched a private car rideshare service in Assam, India, focusing on women and army veterans as drivers. This initiative serves as a pilot project to potentially expand similar services across the country.