Company Intelligence Profile
Blu-Smart Mobility Limited
Blu-Smart Mobility Limited runs BluSmart, an all-electric ride-hailing app in India with its own EV fleet and charging network.
CIN: U74999GJ2018PLC104895Under Corporate Insolvency Resolution ProcessRoC Ahmedabad / Gujarat
Last updated 26 October 2026
AI OverviewGenerated from public records
Blu-Smart Mobility Limited runs BluSmart, an all-electric ride-hailing service in India. It was incorporated on 24 October 2018 and is registered in Ahmedabad, Gujarat. Revenue was ₹171.81 Cr in FY2023-24, and it raised $25 million in January 2024 and $24 million in May 2024. The company is under insolvency proceedings after a default on ₹15 Cr of NCDs issued in April 2023.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Blu-Smart Mobility Limited |
|---|---|
| CIN | U74999GJ2018PLC104895 |
| Status | Under Corporate Insolvency Resolution Process (CIRP) |
| Listing | Unlisted |
| Incorporated | 24 October 2018 |
| ROC | RoC Ahmedabad / Gujarat |
| Sector (NIC) | Automotive & EV |
| Registered address | 15th Floor, A Block, Westgate Business Bay, S G Road, Jivraj Park, Ahmedabad, Gujarat – 380051 |
| Authorized capital | Rs 60.00 Cr |
| Paid-up capital | Rs 11.01 Cr, Issued & Subscribed Rs 11.01 Cr |
Business Overview
- BluSmart is an app-based, all-electric cab service in India.
- It runs its own EV fleet with company-managed charging infrastructure.
- It operated in Delhi NCR, Bengaluru and Mumbai.
- The company was incorporated on 24 October 2018 and is based in Ahmedabad, Gujarat.
Directors
- Anmol Singh Jaggi — Director, appointed 08 Dec 2018
- Inderpreet Singh Wadhwa — Non-Executive Nominee Director, appointed 10 Nov 2020
- Sophia Isabella Marie Nadur — Nominee Director, appointed 30 Sep 2021
- Dharmichand Sunil Kumar — Nominee Director, appointed 31 Mar 2023
Financials
FY2023-24
- Revenue ₹171.81 Cr
Funding
| May 2024 | $24 million pre-Series B round |
|---|---|
| January 2024 | $25 million from ResponsAbility |
Charges & Borrowings
| Open charges | ₹980.45 Cr |
|---|---|
| Satisfied charges | ₹495.47 Cr |
| Total charge records | 48 |
| April 2023 | ₹15 Cr of secured NCDs issued, later defaulted |
Legal & Compliance
- NCLT Ahmedabad admitted insolvency proceedings (CIRP) after a default on ₹15 Cr of secured NCDs issued in April 2023.
- Prosperity Asset VIII LLP vs State of Haryana - Punjab & Haryana High Court, May 2026 - a vehicle lessor seeking insolvency proceedings against BluSmart.
- Inderpreet Singh Wadhwa vs Union of India - Delhi High Court, Nov 2025.
- Mufin Green Finance Limited vs Blu-Smart Charge Private Limited - Delhi High Court orders, Jul and Dec 2025.
- Gripset Asset XLIV LLP vs Blu Smart Fleet Private Limited - Delhi High Court orders, May 2025.
Competitors
Ola Cabs
large ride-hailing player
Uber India
large ride-hailing player
EVera Cabs
EV cab operator that took over part of BluSmart's fleet
Zoomcar
self-drive and EV mobility
Lithium Urban Technologies
EV corporate mobility
Frequently Asked Questions
What does Blu-Smart Mobility Limited do?
Blu-Smart Mobility Limited runs BluSmart, an app-based, all-electric cab service in India. It operates its own EV fleet with company-managed charging infrastructure.
When was Blu-Smart Mobility Limited incorporated?
Blu-Smart Mobility Limited was incorporated on 24 October 2018.
What is the CIN of Blu-Smart Mobility Limited?
The CIN of Blu-Smart Mobility Limited is U74999GJ2018PLC104895.
Where is Blu-Smart Mobility Limited registered?
Its registered office is at 15th Floor, A Block, Westgate Business Bay, S G Road, Jivraj Park, Ahmedabad, Gujarat 380051.
What was the revenue of Blu-Smart Mobility Limited?
Blu-Smart Mobility Limited reported revenue of ₹171.81 Cr for FY2023-24.
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