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Mahindra fully acquires Meru Cabs, appoints Pravin Shah as CEO Mahindra fully acquires Meru Cabs, appoints Pravin Shah as CEO Mahindra would acquire 44.14 per cent shares from Private Equity investor, True North and others for an amount not exceeding Rs 76.03 crores and 12.66 per cent shares from Neeraj Gupta and Farhat Gupta, for an amount not exceeding Rs 21.63 crores. advertisement Meru Cabs, a ridesharing company founded in 2006 revolutionized the way people travelled in cabs. HIGHLIGHTS Mahindra would acquire 44.14 per cent shares from Private Equity investor, True North and others for an amount not exceeding Rs 76.03 crores. The automaker will acquire 12.66 per cent shares from Neeraj Gupta and Farhat Gupta, for an amount not exceeding Rs 21.63 crores.

Neeraj guptaPravin shahFarhat guptaAnish shahMahindra ltdMahindra groupMeru mobility tech privateMeru travel solutions private limitedPrivate equityTrue northPresident automotiveMeru mobility tech private limitedநீரஜ் குப்தாபிராவின் ஷாஆநிஶ் ஷாமஹிந்திரா லிமிடெட்