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TVS MOBILITY FUNDRAISE
Ola Electric raises Rs 780 crore via QIP amid market share, cash burn pressureOla Electric Mobility has secured approximately Rs 780 crore through a qualified institutional placement, aiming to bolster its recovery ef...- Ola Electric infuses Rs 2000 crore in EV and cell manufacturingOla Electric Mobility has approved a Rs 2,000 crore investment into its EV and battery manufacturing subsidiaries to boost localisation and...
- From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
- Ola Electric plans to raise Rs 2,000 crore via stake sale in Ola Cell TechnologiesOCT owns the Tamil Nadu-based lithium-ion cell manufacturing plant with 1.5 GWh of operational capacity and plans to scale to 6 GWh by the ...
- EV bike maker Ultraviolette raises $45 million from Zoho, Ferrari-owner Exor’s LingottoUltraviolette has raised $45 million from Zoho and Italy’s Lingotto to scale its F77 and X-47 electric motorcycles and develop new models, ...
- TVS Logistics Park raises Rs 1,300-crore via private InvITTVS Industrial & Logistics Parks (TVS ILP) has successfully raised over ₹1,300 crore through a private placement of its warehousing assets-...
- Legacy e-scooter companies charge aheadOla Electric's market share declined in May. TVS Motor and Bajaj Auto gained ground. Ola Electric's registrations decreased significantly. ...
- Ola Electric board clears Rs 1,700 crore debt raise via NCDsOla Electric plans to raise up to Rs 1,700 crore through non-convertible debentures (NCDs) or other debt instruments via private placement....
- Ola Electric to raise Rs 1,700 crore in debt to navigate tough market conditionsOla Electric plans to raise ₹1,700 crore through debt instruments to strengthen its finances amid market share decline, regulatory scrutiny...
- TVS Mobility raises Rs 1,800 cr debt from multiple investorsTVS Mobility has secured a debt fundraising of '1800 crore through a three-tranche loan. Standard Chartered Bank, Nomura, and other lenders...
- TVS mobility flags off Rs 2,000-crore fund raceTVS Mobility, led by TS Rajam's successors, is seeking to raise Rs 2,000 crore from banks and credit funds. The funds will be used for capi...
- TVS Motor hits 52-week high after stock rises over 3%. Here's whyTVS Motor's Singapore subsidiary has agreed to purchase an additional 25% stake in Swiss E-Mobility Group (Holding), making it the wholly-o...
- Stocks in news: TVS Motor, CMS Info Systems, SBI, Punjab & Sind Bank, Blue DartSingapore-based Sion Investment Holdings, which is part of the promoter group, has offloaded nearly 13.7% stake in CMS Info Systems through...
- ADIA, Goldman Sachs, Carlyle eye TVS Motors' EV arm with $300 mn-$350mn chequeIf the deal takes place at this valuation, it will become the most valuable two-wheeler EV company in the country. The current market value...
- Ola Electric raises $200 million in fresh funding at $5 billion valuationOla Electric is said to use the funding to ramp up its plans for bringing out newer electric scooters, expand its charging infrastructure a...
- ETtech Deals Digest: The unicorn stampedeIndia minted another unicorn this week with edtech platform Vedantu becoming the 28th startup in 2021 to enter the coveted club of companie...
- myTVS raises Rs 375 crore in fundingmyTVS will use the funds to scale up its online-to-offline business model.
- TVS Motor Company invests Rs 30 crore in electric vehicle maker Ultraviolette Automotive"TVS Motor is excited to see the progress and developments made by the UV team and we are confident that these actions will go a long way t...
- Sunil Munjal, Harsh Mariwala lead Rs 82 crore funding round in NykaaFounded in 2013 by FSN E-Commerce Ventures, Nykaa is spearheaded by Falguni Nayar, a former managing director of Kotak Mahindra Capital Inv...
- Global biggies eye stake in deal site MydalaMydala has held talks with Russian billionaire Yuri Milner's DST Global and Sweden's Kinnevik as it looks to raise $40 mn of fresh funds.
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