
Looks like BluSmart is unable to raise $$s
BluSmart’s fundraising has stumbled well below its $250 million target.
With investors backing off at the last moment and fresh funding looking difficult, it now seems an impossible task.

BluSmart, has lost its chief executive officer, Nandan Sharma, just a month after his appointment, amid deepening financial and governance troubles at Gensol Engineering, a separate company founded by the same promoters.
https://www.dealstreetasia.com/stories/blusmart-ceo-quits-439512
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BluSmart’s fundraising has stumbled well below its $250 million target.
With investors backing off at the last moment and fresh funding looking difficult, it now seems an impossible task.
Honestly, I have never used a BluSmart. But my friends who have used it just don't stop going gaga over it.
Do you guys think BluSmart will make it big and disrupt premium rides segment or will Uber eventually win here as well(as it did...