BluSmart's social media account appeared to have gone further candid on X, leaving customers each shocked and amused. A submit from the verified deal with appeared to air out the interior grievances in opposition to the corporate, “Everybody, BluSmart firm has been shut since Feb 2025. Founders have performed the fraud. Don't count on any refund of your pockets cash. Even the staff have additionally not obtained their 4 months wage. No level messaging on social media.”The submit rapidly went viral, with many customers not sure whether or not it was a whistleblower second or only a livid ex-employee airing soiled laundry. Inside hours, the web was flooded with reactions, memes, and beginner investigations attempting to determine who nonetheless had entry to the account — and why they determined to go nuclear.The abrupt announcement instantly triggered questions over its authenticity, with customers suggesting it might have come from a disgruntled worker. One consumer, ommented, “Intern nonetheless had the creds and took revenge.” One other, consumer wrote, “Seems like somebody from the social media crew with the credentials tweeted this out of frustration over not receiving their 4 months' wage.” A 3rd consumer, quipped, “Please reword the bio to: Fraud, zero refund. All the time.”The viral submit has reignited scrutiny of BluSmart's mounting monetary troubles. The Nationwide Firm Regulation Tribunal (NCLT) in Ahmedabad lately admitted a petition in opposition to the electrical cab operator for defaulting on dues value round Rs 1.28 crore, triggering a company insolvency decision course of. NPV Insolvency Professionals Personal Ltd was appointed because the Interim Decision Skilled to supervise the method.As soon as a promising title in India's EV-based ride-hailing market, BluSmart's operations have been beneath strain as a result of mounting liabilities and money stream issues. Its key shareholder, Gensol Engineering, and its subsidiary Gensol EV Lease are additionally present process insolvency proceedings. Reviews point out that promoters Anmol and Puneet Singh Jaggi are beneath investigation by SEBI for allegedly diverting firm loans for private use, together with buying luxurious property and inflating inventory costs.The NCLT has since imposed a moratorium on all restoration proceedings and asset transfers. Clients, in the meantime, are expressing concern over refunds from BluSmart's in-app pockets system. Authorized specialists say refunds might depend upon the corporate's pay as you go cost instrument licence.
