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NIIF s India-Japan Fund to Invest 400 Crore in Mahindra Last Mile Mobility Limited

Mahindra & Mahindra Ltd. (M&M) is an automotive, farm and services businesses. Mahindra & Mahindra and India-Japan Fund (IJF), a fund managed by National Investment and Infrastructure Fund Limited (NIIF) have executed a binding agreement for IJF to invest INR 400 Crore in Mahindra Last Mile Mobility Limited (MLMML), which houses M&M’s last-mile mobility business…

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