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https://www.livemint.com/companies/news/temasek-to-invest-rs-1-200-crore-in-mahindra-electric-to-acquire-up-to-3-stake-11691048082501.html
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Temasek to invest ₹1,200 crore in Mahindra Electric to acquire up to 3% stake | Mint - Mint
8/3/23 at 12:44am
Organization
Livemint
Author
Ankit Gohel
Details
54 words
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Investing
Business & Industrial
Temasek
Mahindra Electric
British International Investment Plc
EVs
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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