Switch Mobility closing in on $200 million fund raise, says Dheeraj Hinduja
2022-01-23
Switch Mobility, the electric vehicle arm of India’s second-largest truck maker Ashok Leyland, is in the final stages of raising $200 million dollars at a valuation of over $1.4 to $1.8 billion to fund its capex plans. The deal announcement is expected within 8-12 weeks. Nearly 70 investors from the US, Europe and the Middle…Continue Reading