Mahindra to Invest in Zoomcar

Investment in keeping with Mahindra’s thrust on Shared Mobility Business To invest up to Rs 176 crore February 15, 2018 Mumbai: Mahindra & Mahindra Ltd., part of the USD 19 billion Mahindra Group, today announced that it would be investing in Zoomcar India Private Limited and in Zoomcar Inc., its US incorporated holding parent company, in keeping with Mahindra’s thrust on the Shared Mobility Business.

Mahindra First Choice Services Forays into Branded Generic 2-Wheeler Spare Parts

Mumbai, February 12, 2018: Mahindra First Choice Services (MFC Services), India’s largest chain of multi-brand car service workshops, and a fully owned subsidiary of the USD 19 billion Mahindra Group, has announced its foray into branded generic 2-wheeler spare parts. MFC Services has a strong foothold in the 4-wheeler spare parts segment with its branded spare parts label – MFC Spares.

Mahindra First Choice forays into two-wheeler spare parts business

M&M + MVML Revenue Rs. 11593 crore – up 10%

M&M + MVML PBT (before EI) Rs. 1345 crore – up 27% M&M + MVML PAT (before EI) Rs. 920 crore – up 19% Mumbai, 9th February 2018: The Board of Directors of Mahindra and Mahindra Limited today announced the unaudited financial results of the company for the quarter ended 31st December 2017. M&M + MVML* Results

Mahindra showcases the 'Future of Mobility' at Auto Expo 2018

Future of Mobility showcased around three pillars – Clean, Connected & Convenient (3Cs) Hash tags - #FutureofMobility& #3Cs Mahindra displays its widest ever Electric Vehicle (EV) portfolio On Display: Unveils the ATOM – a new age urban mobility solution for emerging India Showcases the UDO Concept – a stylish two-seater electric pod for last mile connectivity Treo – an all new Li-thium ion battery powered electric three - wheeler e-Cosmo – Mahindra’s all new Elec

Mahindra First Choice Wheels Raises $15 Million valuing the company at $265 Million

- Funds are primary infusion into the company to fund growth over the next 18 months - Existing investors participating in this round - Over the last five years, monthly revenue growth for the company at 3.5% with annual growth rate of over 50% - Last primary raise for the company was in March 2015 at a valuation of $115 Million