Thursday, November 6, 2025

TVS Motor to sell stake in Rapido for Rs 288 cr

TVS Motor Company is selling its stake in bike-taxi aggregator Rapido for Rs 287.93 crore. Agreements have been signed with Accel India VIII and MIH Investments One BV. This move follows a strategic partnership formed in 2022. The transaction is subject to regulatory approvals.

from Auto-Industry-Economic Times https://ift.tt/BGDW49E

No comments:

Post a Comment

Maruti Suzuki announces price protection for small cars booked till June 14

Maruti Suzuki India is offering price protection on its small car range until June 14, 2026. This initiative aims to shield entry-level buye...