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MoneyWorks4Me

TVS Motor’s arm to invest $3.2 million in Predictronics Corporation

17 Aug 2019 Evaluate

TVS Motor Company’s wholly owned subsidiary -- TVS Motor (Singapore) has signed definitive agreements to invest $3.2 million in Predictronics Corporation, a US corporation, which specialises in providing end-to-end predictive maintenance analytics solutions.

Predictronics' solutions combine expertise in IIoT, Industrial AI, Big Data, Machine Learning, and Predictive Analytics to remove the uncertainty from industrial operations and improve process uptime, production planning, maintenance, and product quality by providing actionable information and accurate predictions that empower clients to have a transparent, worry-free business.

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 10509.70
TVS Motor Company 4248.00
Hero MotoCorp 5164.85
Eicher Motors 7321.95
OLA Electric Mobilit 33.66
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