TVS Motors acquires 48% stake in Narain Karthikeyan’s two-wheeler startup DriveX | Tech Reddy
[ad_1] Leading two-wheeler manufacturer TVS Motor Company on August 24 announced the acquisition of 48 percent of Narain Karthikeyan’s startup DriveX ₹85.4 million. Karthikeyan’s firm Nkars Mobility Millennial Solutions Private Limited (NMMSPL) operates a digital platform ‘DriveX’ that offers two-wheelers to customers on a variable term subscription and purchase model, along with some ancillary services. … Read more