Private Equity Private Equity Fund Investments
TVS Motor in talks with PE firms to raise $500-M for EV subsidiary
TVS Motor is in talks with a clutch of global private equity investors to raise USD 300-500 million (INR 2,220-3,700 crore) for its electric vehicle subsidiary at a valuation of USD 3.5-4 billion. It is seeking to raise the funds from pure financial investors and has no plans to onboard strategic investors.