myTVS' technology and scalable platform model attracts strategic investment from Crescent Enterprises
India, Oct. 5 -- TVS Automobile Solutions (TVS ASL), the owner of the 'myTVS' automotive aftermarket brand and part of the $3 billion TVS Mobility Group, on Monday announced that it has raised Rs.425 Cr in a Series D funding round led by CE-Invests, the strategic investment arm of UAE-based Crescent Enterprises
The investment reflects CE-Invests' strong interest in the technology-led and scalable platform model that TVS ASL has built through myTVS in India. Over the years, myTVS has developed an integrated automotive aftermarket platform that combines digital capabilities with a physical service network and has established itself as a preferred partner to OEMs and EV manufacturers in India. This enables customers and fleet operators to a...
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