
TPG Rise Climate invests $176m in Tata Motors

TPG Rise Climate, a dedicated climate fund under TPG’s global impact platform, has invested about INR 14.7bn (USD 176m) in an engineering and digital services division of India’s Tata Motors.
The growth-stage vehicle closed on USD 7.3bn in April last year, exceeding the hard cap of USD 7bn. Previous investments include an INR 75bn commitment to the electric vehicle unit of Tata Motors that...
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