MoneyWorks4Me

TVS Motor invests Rs 6 crore in Ultraviolette Automotive

14 Aug 2018 Evaluate

TVS Motor has invested Rs 6 crore in Electric mobility solutions provider Ultraviolette Automotive. The additional investment as part of Series A round will be deployed for continued product engineering and further expansion of core R&D team and facility.

TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group.

Peers
Company Name CMP
Bajaj Auto 9700.65
TVS Motor Company 3889.80
Hero MotoCorp 4863.70
Eicher Motors 6836.00
OLA Electric Mobilit 34.22
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