Mahindra Group

The Mahindra Group is an Indian multinational conglomerate with a diversified portfolio spanning automotive vehicles, farm equipment, financial services, real estate, and technology. It operates globally, generating significant revenue from its automotive segment, which includes the manufacture and sale of automobiles, spares, mobility solutions, construction equipment, and related services.

Rajesh Jejurikar

Executive Director, Auto and Farm Sectors

Anand Mahindra

Chairman and Managing Director

Mitesh Shah

Senior Associate

Past deals in Automotive

SML Isuzu

Acquisition in 2025
SML Isuzu is a reputable manufacturer of commercial vehicles, primarily focused on the production and sale of light and medium trucks and buses. Operating throughout India, the company offers a diverse product portfolio that includes special application vehicles such as ambulances, tippers, dumper placers, troop carriers, prison vans, dual cab trucks, 4X4 trucks, water tanker trucks, closed vans, and refrigerated vans. The majority of SML Isuzu's revenues are generated from vehicle sales, underscoring its commitment to providing reliable and efficient transportation solutions within the commercial sector.

TVS Automobile Solutions

Corporate Round in 2020
TVS Automobile Solutions Private Limited, formerly known as MyTVS, is a prominent provider of automobile aftermarket services based in Chennai, India. Established in 2009, the company specializes in a wide range of car services, including maintenance and repair for various vehicle components such as engines, brakes, and electrical systems. It also offers additional services like roadside assistance, extended warranty, insurance brokerage, and telematics. With a multi-brand car servicing approach, TVS Automobile Solutions aims to enhance vehicle operational uptime and reduce fleet costs for its clients. The company operates under the umbrella of T V Sundram Iyengar & Sons Private Limited and has established a reputation for quality service in the automotive sector.

CarSense

Corporate Round in 2018
CarSense is a technology company focused on enhancing the connectivity and intelligence of vehicles, including cars and bikes. By developing innovative products, CarSense aims to improve the user experience through smarter, data-driven solutions. The company leverages advanced Internet of Things (IoT) devices that can be integrated into existing vehicles, providing valuable insights that help users make informed decisions. Through its commitment to connecting vehicles and optimizing their performance, CarSense positions itself as a leader in the automotive tech space.

Zoomcar

Series C in 2018
Zoomcar is an online car-sharing marketplace operating in emerging markets like India, Southeast Asia, and Egypt since 2013. It connects car owners ('Hosts') with individuals needing temporary vehicles ('Guests'), facilitating safe and convenient car sharing. Zoomcar offers over 20,000 cars across 50 cities, empowering Hosts to earn passive income while providing Guests with affordable driving experiences.

Erkunt Sanayi

Acquisition in 2017
Erkunt Sanayi A.S. is a Turkish company founded in 1953 and based in Ankara, specializing in the production of iron castings. The company manufactures gray and ductile iron castings, primarily serving the automotive industry with a diverse range of products including engine blocks, cylinder heads, axle housings, flywheels, oil pans, and various other components and accessories. Since December 1, 2017, Erkunt Sanayi has operated as a subsidiary of Mahindra Overseas Investment Company (Mauritius) Limited, enhancing its operational capabilities and market reach.

SsangYong

Acquisition in 2011
SsangYong Motor Company, headquartered in Pyeongtaek, South Korea, is a manufacturer of automobiles and parts, specializing in sports utility vehicles (SUVs) and recreational vehicles (RVs). Founded in 1954, the company offers a range of SUVs under the Rexton, Korando, and Tivoli brand names. Notably, the Korando Family was the first SUV produced in Korea. SsangYong exports its vehicles to approximately 126 countries through around 1,500 sales outlets and also engages in sales finance activities. The company operates as a subsidiary of Mahindra & Mahindra Limited.
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