{"id":595898,"date":"2023-08-04T12:12:43","date_gmt":"2023-08-04T06:42:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=595898"},"modified":"2023-08-04T12:12:43","modified_gmt":"2023-08-04T06:42:43","slug":"mahindras-ev-unit-raises-145-million-from-temasek","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mahindras-ev-unit-raises-145-million-from-temasek\/","title":{"rendered":"Mahindra&#8217;s EV unit raises $145 million from Temasek"},"content":{"rendered":"<p>Mahindra and Mahindra has raised $145 million from Temasek for its electric vehicle unit at a valuation of up to Rs 805.8 billion ($9.8 billion), the latest fundraising by the Indian automaker as it looks to ramp up EV sales.<\/p>\n<p>Temasek will take up to a 3% stake in the company which last year raised up to $250 million from British International Investments (BII) at a valuation of as much as $9.1 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mahindra and Mahindra has raised $145 million from Temasek for its electric vehicle unit at a valuation of up to Rs 805.8 billion ($9.8 billion), the latest fundraising by the Indian automaker as it looks to ramp up EV sales. Temasek will take up to a 3% stake in the company which last year raised up to $250 million from British International Investments (BII) at a valuation of as much as $9.1 billion.<\/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-595898","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\/595898","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=595898"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/595898\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=595898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=595898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=595898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}