The National Company Law Tribunal (NCLT) in Ahmedabad has admitted BluSmart Mobility Tech Private Limited, the technology arm of the electric taxi fleet operator BluSmart, into corporate insolvency. The order was passed on October 14, 2025, on a petition filed by one of its software vendors.
The tribunal’s decision came on an application filed by Lepton Software Export and Research Private Limited, a reseller of Google Maps platform products. Lepton Software sought the initiation of a Corporate Insolvency Resolution Process (CIRP) against BluSmart for defaulting on an operational debt of Rs. 5,84,43,201.76.
This amount includes a principal of over Rs. 5.39 crore for unpaid invoices for “Google On-demand Rides and…