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TVS Automobile Solutions Secures Rs 425 Crore in Funding Led by CE-Invests
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News18•05-10-2026, 17:15
TVS Automobile Solutions Secures Rs 425 Crore in Funding Led by CE-Invests
- •TVS Automobile Solutions raised Rs 425 crore in a Series D funding round led by CE-Invests, the strategic investment arm of UAE-based Crescent Enterprises.
- •The funding will support the growth of the myTVS brand in India and help expand its technology-led model into international markets.
- •The partnership initially targets opportunities across the Middle East and North Africa region for mobility and fleet businesses.
- •myTVS achieved EBITDA breakeven in FY26 and anticipates near-term business growth of 25 to 35 percent.
- •The company is increasing investments in AI and technology to enhance platform scalability and fuel its next phase of expansion.
Key Questions Answered
TVS Automobile Solutions raised Rs 425 crore in its Series D funding round.
The funding round was led by CE-Invests, which is the strategic investment arm of UAE-based Crescent Enterprises.
The partnership will initially focus on exploring opportunities across the Middle East and North Africa (MENA) region to scale myTVS' technology and mobility services.
