Anmol Jaggi

Co-Founder and CEO
BluSmart

Anmol Jaggi, a first-generation entrepreneur and an advocate for clean energy, etched an indelible mark in India’s clean energy landscape with Gensol which he started straight out of college, at the age of 22. Under his leadership, Gensol group has been transforming the clean energy landscape for over 15 years. Gensol Engineering Ltd. is listed on main board NSE and BSE and has a market cap of INR 3200 Crore. 

Anmol, a visionary risk-taker, anticipated market needs and ventured in electric mobility in 2019 and co-founded BluSmart, India’s first and largest born electric, full stack, vertically integrated EV ride-hailing service and EV charging infrastructure network. As a disruptor, BluSmart not only overcame customer inconveniences but also challenged existing incumbents by introducing industry firsts like zero ride-denial, transparent pricing, on-time pickups and clean cars. Anmol’s keen business acumen helped BluSmart secure the largest Series A funding in the mobility sector. BluSmart has so far raised USD 200 Mn (approx.) venture capital (equity & debt) which also includes investment by one of the leading global climate funds, responsAbility Climate Fund in Jan ’24. 

His ventures reflect a forward-thinking approach and contributing to the renewable energy sector and revolutionizing the mobility industry. Gensol recently ventured into EV Manufacturing and set-up a world-class “designed for electric plant in Chakan, Pune that will soon launch a new modern all-electric, mado-in-India EV, poised to revolutionize zero-emission mobility. 

His leadership exemplifies mindful entrepreneurship, crafting a business model that scales profitably while prioritizing people and the planet. He has received accolades like the 2022 Business World Entrepreneur of the Year award, BluSmart’s consistent recognition among Linkedin India’s top 25 startups, the prestigious India Business Leadership Awards for Young Turk Startup of the year 2023 by CNBC TV 18 and many others solidifying Anmol’s global impact in revolutionizing sustainable urban mobility. 

He is Petroleum Engineer from the University of Petroleum & Energy Studies, Dehradun, India. 

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The Next Gen: DISRUPTION

Economic Disruption: We live in an era of disruption in which powerful global forces are changing how we live and work. Powerful disruptions are changing our world. The gig economy, remote work, and the sharing economy have disrupted traditional employment models. The new generation is often at the forefront of these economic changes, seeking flexibility and independence in their careers.

Technological Disruption: The new generation is witnessing rapid technological advancements and digital transformation. They are at the forefront of embracing and driving these changes, leading to disruptions in various industries. Examples include the rise of blockchain, artificial intelligence, and the gig economy. Frontier technologies such as the Internet of Things, smart robotics, automation, and artificial intelligence are boosting productivity growth, raising prosperity, and replacing mundane or dangerous tasks. They have the potential to do good across a wide range of domains, from healthcare to education

Cultural Disruption: Social movements and changing cultural norms are disrupting traditional societal structures. The new generation is actively involved in advocating for gender equality, LGBTQ+ rights, and racial justice, challenging the status quo and pushing for more inclusive societies. The connection between resilience, equity and inclusion is widely accepted by policymakers: evidence has shown that creating more equitable and inclusive societies is a crucial part of any economic strategy focused on resilience and recovery.

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The Next Gen: DEVELOPMENT

Skill Development: The new generation places a strong emphasis on personal growth and development. They prioritize continuous learning, self-improvement, and mental well-being. Tools like online courses, self-help apps, and social networks play a significant role in their development journey. It is important to have a conversation about how to begin closing the gap between what our students are learning and what the demands of the workforce will be once they enter. Half of us will need to reskill in the next five years, as the "double disruption" of the economic impacts of the pandemic and increasing automation transforming jobs takes hold.

Sustainable Development: This generation of leaders bears the responsibility of preserving and advancing the legacies of their businesses while actively championing sustainable practices across businesses, governments, local communities, and personal lifestyle changes to secure a brighter future for the planet. Sustainability, the buzzword across the world today, will have to take on a new avatar and become the soul of every organization - business or otherwise. Businesses cannot succeed in societies that fail.

Social Development: The next generation is deeply rooted in creating positive change in society by incorporating CSR, promoting digital literacy, improving access to quality education, and supporting public health initiatives. Smart living is about adapting the fruits of technology through models that are scalable, profitable and, importantly, ecologically and socially more sustainable.

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The Next Gen: DIVERSIFICATION

Geographical Diversification: The prime focus of the new-gen leaders will be on a geographic diversification strategy, either domestically or internationally, aiming to integrate its products and services as a routine in consumers’ lifestyles. This will mitigate the risks associated with regional economic fluctuations. In an interconnected world, diversity, shaped by globalization and technological advances, forms the fabric of modern society.

Business Diversification: The strategic expansion and diversification of businesses with investments in newer business avenues, will enhance the return on investment, reflecting the forward-thinking approach of the next-generation leaders' eagerness to innovate. Companies are discovering that, by supporting and promoting diverse products and services, they are gaining benefits that go beyond the optics.

Workforce Diversification: To achieve geographical and business diversification, the next generation of leaders will aim at prioritizing workforce diversity, to boost job growth and create together a multitude of ideas and perspectives, igniting innovation and creativity. In times of increasing disruption and uncertainty, companies need to continue to prioritize diversity and inclusiveness (D&I) for the benefit of their culture — and their bottom line.

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