Other Private Equity/Strategic Investments

Autocomp player Minda buys 26% in charging solutions startup Evqpoint Solutions

Economic Times  

Gurgaon-based Minda Corporation Ltd [MCL], through its 100% subsidiary Spark Minda Green Mobility Solutions, is to acquire a 26% equity stake in charging solutions startup Evqpoint Solutions. The investment will make Spark Minda Group Evqpoint's exclusive technology and manufacturing partner for battery chargers and EV supply equipment. Spark Minda has a diversified product portfolio that encompasses Mechatronics, Information and Connected Systems, Plastics, Interior and Electronics for auto OEMs.

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