TI Clean Mobility, India to raises additional INR 5.8 billion for electric CVs

On May 6, TI Clean Mobility Private Limited (TICMPL), a subsidiary of Tube Investments of India Limited (TII), signed a definitive document with South Asia Growth Invest III LLC and South Asia EBT Trust III (collectively “GEF”) to raise a capital of about INR 5.8 billion in the form of equity and compulsorily convert....

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