Private equity firm Creador invests $50M in Hinduja Tech, a subsidiary of Ashok Leyland, for a 19.6% stake, valuing the company at $255M.
Private equity firm Creador invests $50M in Hinduja Tech, a subsidiary of Ashok Leyland, securing a 19.6% stake. The investment values the company at $255M and aims to boost R&D capabilities, expand global presence, and enhance labs to lead in sustainable engineering mobility services. Hinduja Tech has made significant progress in the mobility industry, growing partnerships and capabilities.
March 14, 2024
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