Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], April 30: Atul Greentech Private Limited, the electric three-wheeler manufacturing subsidiary of Atul Auto Limited which is the listed company, has secured funding of Rs. 32.50 crore ($4.1 million) through various fundraising activities. This investment values the company at Rs. 950 crore ($121.3 million). Investors in this round include parent company Atul Auto Limited, prominent ace investor Vijay Kedia, Singapore-based foreign portfolio investor Nav Capital VCC - Nav Capital Emerging Star Fund and the Mahendra Patel family. Business News | Atul Greentech Moves in Top-gear.
Atul Greentech Moves in Top-gear srilankasource.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from srilankasource.com Daily Mail and Mail on Sunday newspapers.
The Board of Directors of Atul Auto Limited has decided and approved the corporate guarantee of Rs.11 Crore to Yes Bank in respect of credit facilities granted by the Bank to Atul Greentech Private Limited.
Atul Greentech Private Limited, a subsidiary of Atul Auto Limited has today announced its foray into the electric space with the unveiling of two electric three-wheelers, Atul Mobili & Atul Energie at the Auto Expo 2023 in New Delhi.