News > myTVS raises further Rs. 203 cr from Lingotto (a subsidiary of Exor NV)
myTVS raises further Rs. 203 cr from Lingotto (a subsidiary of Exor NV)
20/12/2022 03:28 PM | Click to read full article
myTVS, a leading Indian player in the independent automobile aftermarket business announced its Series C fundraising of Rs. 690 cr as a combination of Rs. 487 cr from Castrol India Limited (Castrol) and Rs. 203 cr from an Exor fund managed by Lingotto. Lingotto is a wholly owned subsidiary of Exor NV, one of Europe’s leading holding companies. In November 2022, myTVS announced a fundraising of Rs. 487 cr from Castrol India Limited, to explore business and technology collaborations.
