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  • In March 2023, IFC pledged to invest up to Rs 600 crore in one or more tranches
    Mahindra Last Mile Mobility Secures Rs 300 Crore From International Finance Corporation
  • Hero MotoCorp will contribute Rs 550 crores, which will result in an increase in their ownership stake in Ather which is currently 33.1 per cent. The rest will come from GIC.
    Hero Motocorp And GIC To Invest Rs 900 Crore In Ather Energy
  • Indian automaker Mahindra & Mahindra is in talks with global investors to raise between $250 million and $500 million to accelerate its plans to build electric vehicles (EVs), a source with direct knowledge of the matter told Reuters.
    Indian Automaker Mahindra In Talks To Rise Up To $500 Million For EV Push - Report