BluSmart Mobility has reportedly delayed salary payments for the month of March as the electric cab-hailing startup grapples with a financial crisis.

In an email to the employees, cofounder Anmol Singh Jaggi has assured that all the pending dues will be cleared by the April end, the Morning Context reported.

“Due to current cash flow constraints, there will be a short delay in processing salaries. However, we want to assure you that all dues will be cleared within the month of April itself,” Jaggi said in the mail.

“To ensure fairness and sensitivity to those who may be more impacted, we will be releasing salaries in phases—starting from the lowest pay grades and moving upwards,” he added.

Inc42 has reached out to BluSmart for comments on the development. The story will be updated based on the response.

Founded in 2019 by Jaggi and Punit K Goyal, BluSmart offers EV ride-hailing services and charging infrastructure across Delhi NCR and Bengaluru. It expanded its services to Mumbai in January this year, and also had a presence in Dubai.

(The story will be updated soon)

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