New Delhi, April 18 -- Electric cab aggregator BluSmart remained offline on Thursday across Delhi-NCR, Bengaluru, and Mumbai after market regulator SEBI took enforcement action against one of its co-founders over alleged fund misuse at an associated company.

The BluSmart app, which had over 8,000 taxis operating across the three metros, stopped accepting bookings on Wednesday evening and stayed suspended through Thursday.

One customer, who claimed to have Rs.20,000 in their BluSmart wallet, posted on X (formerly Twitter), asking: "What is this??? When can I get the refund if BluSmart is getting closed?"

The user attached a screenshot of the company's email, which assured customers that refunds would be processed within 90 days if servi...