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BII to Invest ₹6.5 Billion in Mahindra’s EV Subsidiary

The two companies have revised the final tranche of investment from ₹7.25 billion to ₹6.5 billion

December 30, 2024

/ Arjun Joshi
/ Electric Vehicles, Finance and M&A
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Automobile manufacturer Mahindra & Mahindra has announced that the final tranche of investment by British International Investment (BII) in its subsidiary Mahindra Electric Automobile has been revised from ₹7.25 billion (~$84.74 million) to ₹6.5 billion (~$75.98 billion).

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Arjun Joshi

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