Saturday, November 22, 2025 | 08:28 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

BluSmart not for sale; its total debt at all-time low: Anmol Jaggi

Jaggi elaborates on financing plans, the issues under investigation, and the way forward

Anmol Jaggi, Co-founder, BluSmart
premium

Anmol Jaggi, founder, Gensol Group and co-founder BluSmart Mobility

Shreya Jai

Listen to This Article

Over the past fortnight, BSE-listed solar project builder Gensol Engineering has faced a series of allegations from rating agencies regarding delayed debt payments, document falsification, and a poor liquidity position. This has also impacted BluSmart, the electric ride-hailing startup with promoter cross-holdings in Gensol. ANMOL JAGGI, founder of Gensol Group and co-founder of BluSmart Mobility, denies any rumours of selling his prized business. In an exclusive interview with Shreya Jai in New Delhi, Jaggi elaborates on financing plans, the issues under investigation, and the way forward. Edited excerpts:
 
Gensol has faced rating downgrades, and there are allegations of falsifying documents.