On Monday, October 5, TVS Automobile Solutions announced raising Rs 425 crore in a Series D funding round led by CE-Invests, a strategic investment platform of UAE-based Crescent Enterprises. The investment will support myTVS's expansion across India and its planned entry into the UAE and wider Middle East and North Africa markets.
With over 1,000 garages and 10,000 retailers operating under myTVS, the company serves more than 10 million customers including vehicle manufacturers, electric vehicle makers, and fleet operators. Funds will extend the physical service network while developing AI-enabled diagnostics, predictive maintenance, and other digital capabilities, with Crescent Enterprises providing regional market expertise and commercial relationships.
