BluSmart Shutdown Sparks Massive Driver Protests

• BluSmart's unexpected shutdown has left 10,000 drivers and 800 employees jobless, triggering widespread protests.
• Drivers are demanding government intervention, urging absorption into the Sahkar Taxi project, and seeking severance pay and advance notice for potential shutdowns.
• The company's abrupt closure has left many without income, affecting their families and future prospects.
• Allegations of fraud and financial mismanagement against BluSmart's founders have compounded the crisis.
• Efforts to sell BluSmart to EverSource Capital for INR 800 Cr are reportedly underway amidst ongoing chaos.

Source: Inc42