<h1 class="entry-title">Category: Automobiles</h1>

TVS Motors acquires 48% stake in Narain Karthikeyan’s two-wheeler startup DriveX

Leading two-wheelers manufacturing firm TVS Motor Company on 24 August announced an acquisition of 48 percent stake in Narain Karthikeyan’s two-wheeler startup DriveX for ₹85.4 crores. Karthikeyan’s firm Nkars Mobility Millennial Solutions Private Limited (NMMSPL)operates a digital platform ‘DriveX’ which provides two-wheelers to customers on a subscription model for a flexible tenure and on a purchase […]