For those who have no idea about it all, well, BluSmart is a company that operates and runs an all-electric taxi service in India. Though later on, it came to be that it has since entered insolvency and suspended its services. Still, it is worth talking about this company like BluSmart Net Worth, Owner, CEO, and Head Office.
| Company name | BluSmart Mobility |
| Establishment year | 2019 |
| Head Office | Gurugram |
| Owner/Founder | Anmol Singh Jaggi; Puneet Singh Jaggi; Punit K. Goyal |
| CEO Name | Leadership by co‑founders historically |
| Industry | All‑electric ride‑hailing and charging infrastructure |
| Net worth / Market cap | Not public |
About BluSmart
BluSmart was a company set up just in 2019 and had one primary objective throughout its first operation year: to make available a clean and dependable ride experience that is completely sustainable through electric vehicles only. The trio comprising Anmol Singh Jaggi, Puneet Singh Jaggi, and Punit K. Goyal is the brains behind BluSmart, just in case you didn’t know it yet. The company’s main office is situated in Gurugram, Haryana.
Current Status
Not a lot of people know this, but in July 2025, BluSmart was formally placed in CIRP by the NCLT Ahmedabad Bench, following a creditor’s petition due to the default of non-convertible debentures. The organisation has been operating under a moratorium since that time, and an insolvency professional has assumed control of all major management functions. Talking about their recent revenue numbers, well, in the fiscal year 2023-24, they ended up with ₹376 crore worth of sales.
Though the thing to note here is that currently, BluSmart’s financial standing or market value is not made known. It is still a privately held company going through insolvency. The outcome of this situation will be driven by fresh capital, asset restructuring, and the consent of creditors in the near future.
Recent Updates & Outlook
Late 2025 BluSmart is still running under CIRP with an insolvency professional working on a possible resolution plan. The primary emphasis at this time is to ensure business continuity, handle creditor claims, and look for revival possibilities.
If no realistic resolution plan gets the green light within the time limit, the firm could be liquidated according to the law.