TVS Motor Company Partners With Paisalo Digital For Funding The Three-Wheeler ICE & EV

TVS Motor Company on Wednesday announced that the Company has entered into a partnership with Paisalo Digital Limited, a Non Deposit taking NBFC, for funding the three-wheeler ICE & EV (Internal Combustion Engine & Electric Vehicle) segment of the Company, the company announced through an exchange filing.

On Tuesday, TVS Motors announced the monthly business update. The company registered a sales growth of 4 increasing from 314,639 units in July 2022 to 325,977 units in July 2023.

The Three‐wheeler of the Company registered sales of 13,670 units in July 2023 as against 14,981 units July 2022, said in the statement.

TVS Motors shares

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The shares of TVS Motors on Wednesday at 11:54 am IST were at Rs 1,375.95, up by 0.46 percent.

Paisalo Digital Ltd shares

The shares of Paisalo Digital Ltd on Wednesday at 11:54 am IST were at Rs 67.55, up by 5.79 percent.

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TVS Motor Company’s July 2023 Sales Registers Growth Of 4%; Domestic Sales Grows By 17%