India, April 16 -- BluSmart, the electric cab service that had been expanding in metropolitan cities, has quietly suspended its operations in Bengaluru, according to a report by Moneycontrol. Despite its app still being accessible on the Play Store, users have found themselves unable to schedule rides - with both date and time selection features disabled, effectively pausing the service. A similar issue appears to be affecting users in Delhi-NCR as well.

This development comes at a time when BluSmart's parent company, Gensol Engineering Ltd (GEL), is under intense scrutiny from the Securities and Exchange Board of India (SEBI) for alleged financial misconduct. In a scathing interim order, SEBI has accused the company's promoters - Anmol ...