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Ноябрь
2023

Hinduja Tech in Talks with PE Funds for Minority Stake Sale

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Hinduja Tech (HTL), the digital technology arm of Hinduja Group's flagship company Ashok Leyland, is in early talks with private equity funds to sell a minority stake in the company. HTL plans to raise around ₹830 crore ($100 million) at a valuation of $400 million (₹3,300 crore) to support its expansion in the e-mobility industry. The company has engaged investment bank Rothschild to find an investor.



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