India’s myTVS raises further INR2.03 billion from Exor NV-owned Lingotto

Independent aftermarket player says funds will be used to scale up its online-to-offline business model

myTVS, an India-based independent automobile aftermarket player, has announced that it has raised INR203 crore (around USD24.5 million) from Lingotto, a wholly owned subsidiary of Exor NV, an investment holding company based in the Netherlands, according to a press release dated 15 December.