BluSmart cab services stay suspended in Delhi-NCR, Bengaluru, Mumbai as co-founder under Sebi lens

Bengaluru: All-electric cab service BluSmart suspended its services on Thursday, a person in the know told DH. This comes two days after a Securities and Exchange Board of India (Sebi) order which found severe financial misuse of funds meant for purchase EVs and subsequent default on loans procured, by BluSmart founders Anmol Singh Jaggi and Puneet Singh Jaggi.