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Tag: Temasak investment in mahindra

Temasek to invest ₹1,200 crore in Mahindra’s passenger EV company MEAL

Posted on August 3, 2023 By admin
Temasek to invest ₹1,200 crore in Mahindra’s passenger EV company MEAL

“With this investment, Mahindra’s EV subsidiary’s valuation goes up by 15% from up to ₹70,070 crores to up to ₹80,580 crores. The breadth of global experience of these marquee investors will be valuable for MEAL,” M&M said in a statement.  | Photo Credit: Special arrangement Mahindra & Mahindra Ltd. and global investment firm Temasek have…

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