US-based digital marketing company Cox Automotive has acquired a significant strategic stake in Mahindra First Choice Wheels, the used-car retailing unit of Mahindra & Mahindra. The transaction, through a secondary sale, saw one of Mahindra First Choice’s early investors, HDFC, selling its entire stake. Phi Advisors, an initial private equity investor in the company, sold […]
Motoroids - Auto news india, car and bike reviews, launch reports, images, prices and scoops