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TVS Motor Company to acquire Intellicar Telematics

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Capital Market
Last Updated : Dec 01 2020 | 9:31 AM IST
TVS Motor Company is acquiring 100% stake in Intellicar Telematics for Rs 15 crore. The transaction is expected to close by 31 December 2020.

Intellicar provides a one stop integrated IoT solution with fleet tracking, predictive maintenance and remote access solutions applicable to a wide range of vehicle types.

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First Published: Dec 01 2020 | 9:16 AM IST

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