https://www.livemint.com/companies/news/temasek-to-invest-rs-1-200-crore-in-mahindra-electric-to-acquire-up-to-3-stake-11691048082501.html
Temasek will join British International Investments (BII) as an investor in MEAL. With this investment, Mahindra’s EV subsidiary’s valuation goes up by 15% from up to ₹70,070 crore to up to ₹80,580 crore.
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