 "TVS Motor")
TVS Motor Company Limited (TVSM) to invest $1 million in US-based Altizon Inc. The investment will be done through the company's subsidiary TVS Motor Singapore.
Under the deal, 212,220 Series A Preferred stock will be issued by Altizon Inc. to TVS Motor Singapore.
Altizon’s technology portfolio is useful in driving digital transformation at TVS with industrial IoT. TVSM is already a shareholder in Altizon. With this investment, TVSM will further strengthen its partnership with Altizon in continuing their journey of growth and market leadership.
Altizon Inc specialises in industrial internet of things (IIoT) for manufacturing units.
The idea is to integrate machine data with
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