{"id":504289,"date":"2022-07-08T11:41:33","date_gmt":"2022-07-08T06:11:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=504289"},"modified":"2022-07-08T11:41:33","modified_gmt":"2022-07-08T06:11:33","slug":"mm-raises-rs-1925-cr-in-a-proposed-ev-subsidiary-from-bii-at-a-valuation-of-rs-70070-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mm-raises-rs-1925-cr-in-a-proposed-ev-subsidiary-from-bii-at-a-valuation-of-rs-70070-cr\/","title":{"rendered":"M&amp;M raises Rs 1925 cr in a proposed EV subsidiary from BII at a valuation of Rs 70,070 cr"},"content":{"rendered":"<p>With a plan to invest over $1 billion in electric vehicle ambition, Mahindra &amp; Mahindra on Thursday raised, Rs 1,925 crores \/ USD 250 million at a valuation of up to Rs. 70,070 crores \/ USD 9.1 billion from British International Investment into a new 4 Wheel Passenger Electric Vehicle Co. to be set up by Mahindra &amp; Mahindra Ltd NSE -1.50 %.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With a plan to invest over $1 billion in electric vehicle ambition, Mahindra &amp; Mahindra on Thursday raised, Rs 1,925 crores \/ USD 250 million at a valuation of up to Rs. 70,070 crores \/ USD 9.1 billion from British International Investment into a new 4 Wheel Passenger Electric Vehicle Co. to be set up by Mahindra &amp; Mahindra Ltd NSE -1.50 %.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-504289","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/504289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=504289"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/504289\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=504289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=504289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=504289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}