M&M Finance enters into JV with Ideal Motors Group
  • WebDesk BTVI
  • Aug 21 2019

Mahindra and Mahindra Financial Services yesterday signed a joint venture with Ideal Finance, a subsidiary of Sri Lankan conglomerate Ideal Group and it will acquire 58 per cent stake in Ideal Finance. V Ravi, Executive Director & Chief Financial Officer, Mahindra Finance, explains the rationale behind going into a joint venture with Sri Lankan company in its quest for global footprint.