British International Investment to invest $250 million in M&M’s 4 wheeler EV biz at a valuation of $9.1 billion

[Bilgin]

British International Investment to invest $250 million in M&M’s 4 wheeler EV biz at a valuation of $9.1 billion BII will invest up to ₹1,925 crores in the form of compulsory convertible instruments at a valuation of up to Rs. 70,070 crores