Punit K Goyal (BluSmart)
Overview
Punit K Goyal is an influential entrepreneur in the clean energy and mobility sectors, best known as the co-founder of BluSmart Mobility. Founded in 2019, BluSmart is India's first all-electric ride-hailing service and is headquartered in Gurugram, India. The company has made significant strides in sustainable transportation by offering electric taxis and building extensive EV charging infrastructure across major Indian cities. Punit Goyal has been instrumental in steering BluSmart's growth and vision of contributing towards a decarbonized and sustainable future. Prior to BluSmart, he founded and managed several successful ventures in the solar energy sector.
Recent Developments
- April 2025: BluSmart reached a milestone of 25 million trips, amidst financial restructuring and senior executive departures. Despite financial challenges, including salary delays due to cash flow issues, BluSmart continues its operations without significant disruption. 1 2
- March 2025: The company faced an exodus of senior executives, including CEO Anirudh Arun. Concurrently, there were speculations about Uber acquiring BluSmart, which co-founder Anmol Jaggi denied. BluSmart continues its expansion by securing large-scale investments. 3
- 2024: BluSmart raised $24 million from high-profile investors including MS Dhoni's Family Office and ReNew Power CEO Sumant Sinha to expand its operations and build infrastructure in Indian megacities. 4
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Punit K Goyal |
| Born | 1984, India |
| Nationality | Indian |
| Occupation | Entrepreneur |
| Known For | Co-founder of BluSmart Mobility |
| Education | Bachelor's in Economics (Sydenham College), Master's in International Business (Aston University) |
Early Life and Education
Punit K Goyal was born in India and embarked on his academic journey in Economics at Sydenham College of Commerce and Economics. He moved to the UK in 2006 to pursue a Master's degree in International Business at Aston University. His education abroad offered him a global perspective, enriching his understanding of business dynamics and inspiring his entrepreneurial pursuits in clean energy.
Career and Notable Achievements
Punit Goyal's career began with ventures in the solar energy sector. In 2008, he founded PLG Power, which manufactured and exported solar panels to Europe, marking his entry into the renewable energy industry. His ventures have been involved in setting up substantial solar power capacities across India, earning him recognition as a top leader in the solar industry.
- 2008-2012: Founded and operated PLG Power, a successful solar manufacturing and export business.
- 2019-Present: Co-founded BluSmart Mobility, leading its growth as the first all-electric ride-hailing service in India.
Current Work and Impact
As of 2025, Punit Goyal continues to drive BluSmart Mobility's growth and innovation in sustainable urban mobility. Despite current financial restructuring efforts, the company remains committed to its mission of decarbonizing transportation in India.
BluSmart Founders
BluSmart was co-founded by Punit K Goyal along with Anmol Singh Jaggi and Puneet Singh Jaggi. Under their leadership, BluSmart has succeeded in positioning itself as a pioneer in the electric vehicle space in India.
Conclusion
Punit K Goyal stands as a visionary in the clean energy and mobility sectors. His pioneering work with BluSmart Mobility not only provides a sustainable transportation solution but also sets a benchmark for future urban mobility frameworks. As environmental concerns and the demand for sustainable alternatives rise, BluSmart's model serves as an essential blueprint for greener city transport solutions.