M&M in discussions with British International, other firms to raise Rs 5,000-crore for EV push: Report

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The report said that if discussions with Mahindra Electric Automobile come to fruition, the British company will make its second-round investment in the Mumbai-headquartered automaker.
 

The report, citing unnamed sources, said that the value of the deal is likely to be 10-15 per cent more than the earlier round of funding, which was Rs 70,070 crore ($9. 1 billion). Photo: Reuters

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