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The Economic Times
The Economic Times

CBI registers case against BluSmart's founders Anmol Singh Jaggi and Puneet Singh Jaggi

Anmol Singh Jaggi CBI Ireda GEL

New Delhi, The CBI has registered a case against Gensol Engineering Ltd and the founders of BluSmart EV taxi service, Anmol Singh Jaggi and Puneet Singh Jaggi, over causing alleged loss of over Rs 672 crore to IREDA, officials said Wednesday.

The action comes on a complaint filed by The Indian Renewable Development Agency (IREDA), which had alleged that it extended loans to Gensol Engineering Limited and its subsidiary, Gensol EV Lease Limited, for procuring Electric Vehicles for the BluSmart EV ride-hailing service, the FIR said.

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