Grapevine: MG Motor deal in last leg; CarDekho, Bizongo raising funding
Advertisement

Grapevine: MG Motor deal in last leg; CarDekho, Bizongo raising funding

By Shubhobrota Dev Roy

  • 05 Oct 2023
Premium
Grapevine: MG Motor deal in last leg; CarDekho, Bizongo raising funding
Credit: 123RF.com

JSW Group chairman Sajjan Jindal and Shanghai-based SAIC Motor Corp have finalised a deal for carmaker MG Motor India, a media report said.    The deal may value MG Motor’s local business at $1 billion, The Economic Times reported, citing people close to the matter.   MG Motor India is the wholly owned subsidiary of the Chinese auto major ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News