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

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