M&M's shared mobility business at crossroads with 100% stake in Meru
Synopsis Mahindra & Mahindra wants its footprint in the entire mobility solutions business with a focus on making its fleet all electric, where return on investment is still low ETtech Illustration: Rahul Awasthi All eyes are on what Mahindra & Mahindra will do with its shared mobility business after the Mumbai-based conglomerate last week bought out radio taxi fleet Meru, ending the latter’s run as independent entity that had lagged in competing against ride hailing platforms Ola and Uber. M&M wants its footprint in the entire mobility solutions business with a focus on making its fleet al...
Source: indiatimes.com