IFC invests INR 6 billion in a new last mile mobility (LMM) company of Mahindra Group, India
On March 22, Mahindra Group announced that IFC (International finance corporation) will be investing INR 6 billion in a new last mile mobility (LMM) company - a wholly owned subsidiary of Mahindra & Mahindra that will be newly incorporated (“NewCo”). It is the IFC’s first investment in an EV manufacturer globally and....
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