Indian EV maker TI Clean Mobility raises $145m led by Multiples PE

Indian EV maker TI Clean Mobility raises $145m led by Multiples PE

Renuka Ramnath. Photo: Mint

TI Clean Mobility, an electric vehicle (EV) subsidiary of engineering conglomerate Murugappa Group, has raised Rs 1,200 crore ($145.7 million), led by Multiples Asset Management (Multiples PE), per an announcement.

Edited by: Joymitra Rai