Source: Reuters (via feed)
U.S. private equity firm KKR said it will invest up to $310 million through a partnership. The partners include Indian electric commercial vehicle maker PMI Electro Mobility Solutions. The investment also involves PMI’s e-bus platform, Allfleet India. The companies announced the deal on Wednesday.
No further details were provided on the agreement.
BizTrendWire Insight:
KKR’s investment involves entry into a partnership with PMI Electro Mobility and its e-bus business in India.
KKR’s investment involves entry into a partnership with PMI Electro Mobility and its e-bus business in India.