TVS Motor invests $7m in US-based data analytics startup Scienaptic

TVS Motor invests $7m in US-based data analytics startup Scienaptic

Photo: Reuters

Making yet another strategic investment in startups, TVS Motor Company Limited, through its wholly-owned subsidiary TVS Motor (Singapore) Pte Limited, has signed a definitive agreement with New York-based Scienaptic Systems Inc to invest $7 million in the latter’s series-A funding. The company, in a filing to the BSE, said that the closing of the investment is subject to obtaining necessary regulatory approvals.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter