Private Equity

VC Fund Investments

TVS Group's new entity Ki Mobility Solution raises Rs.85-Cr from Prathithi, Sea Link

MoneyControl  

TVS Automobile Solutions Pvt Ltd, an automotive aftermarket player, has launched its new subsidiary -- Ki Mobility Solution - an online to offline digital platform, as part of the company's growth strategy. Ki Mobility Solutions is to raise INR 85 crore from Pratithi Investment Trust (the family office of Infosys co-founder Kris Gopalakrishnan) and PE firm SeaLink Capital Partners (SCP). The digital platform would give automobile entrepreneurs an opportunity to increase business, gain access to high- quality parts with better margins and link with a large pool of suppliers.