M&M to increase stake in cab service Meru to 100%; True North, others exit

M&M to increase stake in cab service Meru to 100%; True North, others exit

Meru screenshot

Mahindra and Mahindra Ltd (M&M) said that it has agreed to buy the shares it didn’t already own in Meru Travel Solutions Pvt. Ltd (Meru) from existing shareholders.

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