gensol financial crisis
2 ARTICLES
Exclusive: The silent shutdown of Gensol’s shadow empire
From Wayo Logistics to All Things Luxury, several startups have collapsed abruptly because of the financial crisis facing Gensol, leaving hundreds of employees stranded without salaries.
10 Apr 2025
BluSmart’s CEO, top executives exit amid a financial crisis
The electric ride-hailing company, propped up by the listed Gensol Engineering, has been left reeling after the crisis at its benefactor. A fire sale of assets could be its only ticket to survival.
24 Mar 2025