Puneet Singh Jaggi, Gensol Engineering-backed BluSmart's Co-founder, was detained on Thursday amid raids by ED over the fund diversion case, PTI reported citing officials. ED conducted raids at Gensol's premises in Delhi, Gurugram and Ahmedabad under Foreign Exchange Management Act (FEMA). According to reports, Puneet's brother Anmol, who is also BluSmart's Co-founder, is currently in Dubai.