Mahindra XUV 3XO Registers over 50,000 Bookings within 60 minutes

Mahindra & Mahindra Ltd., India’s leading SUV manufacturer, today announced an unprecedented achievement for its recently launched compact SUV, the XUV 3XO. Within the first 60 minutes of opening bookings today at 10 a.m., the XUV 3XO received over 50000 bookings. The XUV 3XO has captured the imagination of customers nationwide, with over 27000 bookings … Read more

M&M invest more in Classic Legends Private Limited (Jawa, Yezdi & BSA)

Mumbai, December 13, 2023: Classic Legends Private Limited (CLPL), an identified growth gem for Mahindra & Mahindra (M&M), owns iconic brands including Jawa, Yezdi and BSA, and operates in the fast-growing premium motorcycle segment in India. External investors, along with M&M will invest Rs. 875 Crore (investors Rs. 350 Crore and M&M Rs. 525 Crore) … Read more

Mahindra Logistics Limited Acquires Majority Stake in ZipZap Logistics Private Limited

Mahindra Logistics Limited (MLL), a listed subsidiary of Mahindra and Mahindra, today announced that it has acquired a majority stake of up to 60% in ZipZap Logistics Private Limited (“Whizzard”), a leading last-mile logistics service provider in India. This acquisition will strengthen MLL’s position in the fast-growing last-mile logistics market and enable it to offer … Read more

Mahindra Aerospace Australia to sell its entire stake to George Morgan

Mahindra Aerospace Australia today announced that it has executed a share purchase agreement with George Morgan for the sale of its entire stake in some units. The deal is valued at AUD 1.2 billion. The sale of the units is part of Mahindra Aerospace Australia’s ongoing strategy to focus on its core businesses and to … Read more