BluSmart's big bet: Major restructuring, CEO exit and a ₹315 cr fleet deal

Quick Summary:

The firm reports that its fleet completes an average of seven trips per day and is supported by a network of 50 charging hubs, housing over 6,300 charging points.

These vehicles, representing 34 per cent of BluSmart’s total fleet of 8,700 EVs, will be leased back to the ride-hailing firm.

Nandan Sharma, previously serving as Vice-President of Business and Operations, has been appointed as the new CEO, the report said citing sources.

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Article Details

Category: BusinessFinance

Markets: India

Topics: BluSmart updates BluSmart exits BluSmart execs quit BluSmart news BluSmart debt BluSmart BluSmart top executives leave BluSmart ceo

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 09:18:21 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 384 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27343459

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