New Delhi, April 14 -- BluSmart is planning to exit its core business and pivot to operating as a fleet partner of rival Uber. According to a report by Economic Times, the cash strapped electric vehicle (EV)-driven ride hailing service has planned this move nearly six years after it first entered the mobility space in a similar capacity.

Sources told Economic Times that BluSmart's shareholders have approved a plan as per which it will begin a transition of the fleet from its platform to Uber over the next few weeks. This will be facilitated in phases starting with 700-800 cars to begin with.

According to the report, once the transition is complete, BluSmart will wind up its own ride-hailing business. The timeline for this process is sti...