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Anmol Singh Jaggi and Puneet Singh Jaggi recently made it to the headlines for the wrong reasons. For the unversed, Anmol Singh Jaggi and Puneet Singh Jaggi, who launched Gensol Engineering and BluSmart Mobility, have been under the gossip, with the allegations about their alleged financial misconduct. After the same, the brothers were banned from selling, buying, and trading in the stock markets until further notice. Amid this, let us be back in time when Ashneer Grover penned a handwritten note to Anmol Singh Jaggi to express his desire to challenge Ola and Uber together.
It was two years ago, when Ashneer Grover released his book, Doglapan. He sent a copy to Anmol Singh Jaggi, along with a message. Through the letter, Ashneer Grover expressed his desire to work with Anmol Singh Jaggi and hail the ride-hailing market. In his message, Ashneer wrote that he had saved PMC Bank with Jaspal Bindra and he also gets along well with Sardar Jess, and now he wishes to collaborate with him to beat Ola and Uber. The note could be read as:
“To Anmol Jaggi, I get along fabulously with Sardar Jees. Jaspal Bindra Ke Saath PMC Bank Bachaya. Tere Saath Ola + Uber Ko beat Karna Hai. Think and do big.”
Anmol Singh Jaggi expressed his happiness over receiving the personalised copy of Ashneer Grover's book and the hand-written message, through a social media post. Taking to his LinkedIn, Anmol Jassi shared a post, wherein he called himself lucky to be in Ashneer's friend list, and added that the key to success is getting wisdom from Ashneer. Anmol Singh's note could be read as:
"Ashneer Grover bhaiya, thanks for the personally signed copy of your book. Super proud to be on your friend list. Getting wisdom from you is key to success.”
For the unversed, Anmol Singh Jaggi reportedly invested Rs 50 lakh from Gensol Engineering to buy 2,000 shares in Ashneer Grover's company, Third Unicorn. Now, as per the scrutiny from SEBI, this had been one of the major suspicious transactions, which is related to Gensol Engineering. Amid this, Ashneer Grover seemingly distanced himself from Jaggi. In a post on Twitter (X), he revealed that he also is the victim of the current scenario, given that he himself has invested Rs. 1.5 crore in BlueSmart and 0.25 in the Matrix. He further hoped for the company to survive the setback for the sake of its stakeholders. In Ashneer Grover's words:
"I am the ‘victim’ of the current scenario having personally invested Rs 1.5 crore in BluSmart and Rs 0.25 cr in Matrix. I hope the business company can survive the current fiasco for sake of its stakeholders. A private limited company is not liable for the conduct of shareholder or doing diligence / ascertaining their source of funds."
BluSmart came into action back in 2019, and had a strong beginning by raising 3 million USD from some major investors. It flourished in the next years, and by 2023, the company was earning a revenue of Rs. 400 crore. Problems started in March 2025, when SEBI discovered a scandal, and allegations were rife that Anmol and Puneet Jaggi had misused the company funds for their personal use, diverting Rs. 978 crores. BluSmart has temporarily closed bookings and promised a refund if it does not resume within 90 days.
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What do you think about Ashneer's handwritten note to Anmol Jaggi?
Also Read: Inside Glimpses Of Mukesh Ambani's B'Day Bash Hosted By Nita Ambani, Rangoli Features The Duo
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