M&M seeks up to $1.3 bn capital raise for EV arm
Advertisement

M&M seeks up to $1.3 bn capital raise for EV arm

Premium
M&M seeks up to $1.3 bn capital raise for EV arm
Credit: 123RF.com

Mahindra & Mahindra Ltd is in advanced talks with global investors to raise $1-1.3 billion by selling shares in its electric vehicles (EV) unit, people familiar with the development said, adding the move is aimed at accelerating the expansion plans of its newly formed subsidiary, EV Co.  Mahindra is likely to ......

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