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India

TI Clean Mobility raises INR 4 billion from multiples private equity fund III, SBI

On March 30, Tube Investments of India Limited (TII) announced that its subsidiary Tl Clean Mobility Private Limited (TICMPL) has allotted 16.7 million series B compulsorily convertible preference shares to Tll. In February 2023, TII informed that multiples private equity fund III invested INR 2.67 billion and State ....

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