Hindustan Media Ventures, India approves investment in electric mobility firm VIR Bike

On May 19, Hindustan Media Ventures Limited (HMVL) announced that its board of directors has approved an investment of up to INR 77.1 million in VIR Mobility Private Limited (VIR Bike). The investment will be made by subscribing to equity shares of the company.
VIR Mobility, incorporated in 2024, operates in the elec....

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