myTVS Raises INR 4.25 Billion In Series D Funding Led By CE-Invests
Mumbai, Oct. 5 -- TVS Automobile Solutions (TVS ASL), part of the TVS Mobility Group and owner of the automotive aftermarket brand myTVS, has secured INR 4.25 billion in a Series D funding round led by CE-Invests, the strategic investment arm of UAE-based Crescent Enterprises.
The capital raise will support myTVS' plans to invest in artificial intelligence (AI) and technology infrastructure to target a 25-35 percent near-term growth rate and prepare for eventual public-market readiness. The partnership also aims to expand the myTVS technology and service model into international markets, focusing initially on the Middle East and North Africa (MENA) region.
The company achieved EBITDA breakeven in FY2026. Prior to this round, myTVS had r...
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