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Mahindra Last Mile Mobility raises INR 3.22 billion

On July 30, Mahindra & Mahindra Ltd. announced that it has signed a binding agreement to raise approximately INR 3.22 billion in Mahindra Last Mile Mobility Limited (MLMML), its last-mile mobility business. MLMML has now achieved unicorn status in the electric vehicle market
The funding round was led by Lightrock, a ....

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