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AutoTrader parent buys stake in Mahindra First Choice

Wednesday, November 25, 2015 | More »

Mortgage lender Housing Development Finance Corporation, which also has a venture and realty investment arm, sold its entire stake in the transaction. Another early private equity investor, Phi Capital, sold part of its holding as part of a secondary stake sale. A spokesperson for Mahindra First Cho...


Used-car sales venture Mahindra First Choice raises $15M from Valiant Capital

Mahindra First Choice Wheels Ltd (MFCWL), a multi-brand second-hand car sales venture operating through a hybrid offline-online model, has raised $15 million (around Rs 94 crore) from San Francisco-based investment advisory firm Valiant Capital for a minority stake in the company, according to a sta...

20 March, 2015 | More »