Vikas Bardia, the co-founder and CEO of Shoffr, and Arpit Agarwal, an investment partner at Blume Ventures, delve deep into the rise and fall of Blusmart, a once-prominent player in India's electric vehicle ride-sharing market. They explore funding challenges, emphasizing the shift from venture capital to debt financing for sustainability. The duo discusses lessons from Blusmart’s collapse, the importance of reliable service models, and the emergent opportunities for new entrants. Insights on driver welfare and the evolving transportation landscape make this conversation a thought-provoking listen.
