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NYLIM INDIA FUND INVESTS US$12 MN IN BAJAJ MOTORS.
MUMBAI, April 2 Asia Pulse - Mauritius-based foreign venture capital investor New York Life Investment Management India Fund (NYLIM India Fund) has injected US$12 million as equity investment into Bajaj Motors Ltd (BML).
Commenting on the deal, BML chairman-cum-managing director V P Bajaj said, "The NYLIM India Fund will help the company to expand organically as well as through potential mergers and acquisitions. Their investment validates the strength of our ...
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Source: HighBeam Research, NYLIM INDIA FUND INVESTS US$12 MN IN BAJAJ MOTORS.