Company Outsider: As BluSmart stalls, the ride-sharing business in India looks even more suspect
Published on: April 23, 2025, midnight | Source: Livemint
In most other sectors, BluSmart would have attracted buyers given its niche positioning. That neither Ola nor Uber has made an effort to buy it is down to the financial woes of its parent company as well as to the grim prospects of the business and the precarious financial health of the incumbents.
