The strategic joint venture between SAIC Motor and JSW Group was announced in November of the previous year, with JSW Group securing a 35 per cent stake in MG Motor India, , MG Motor India, JSW Ventures, acquisition, competition commission of india
In May, ET had reported that JSW Ventures had partially sold its stake in Purplle to Abu Dhabi Investment Authority (ADIA). At the time, the startup closed a $40-50 million funding round, split between primary and secondary transactions, at a flat valuation of $1.1 billion.
India Business News: JSW Ventures has sold its shareholding in e-commerce firm Purplle to Manipal Group. The company will continue investing in Purplle through its second