NEW DELHI, May 9: German luxury car maker BMW Thursday launched its MINI John Cooper Works Hatch in India priced at Rs 43.5 lakh.
The MINI John Cooper Works, based on the MINI 3-door Hatch, will be available at all MINI dealerships as completely built-up unit (CBU) unit from June onwards, BMW India said in a statement.
BMW Group India acting President Hans-Christian Baertels said, John Cooper Works has always been in a league of its own with a unique combination of heritage, exclusivity and performance.
“Our premium performance models that are named after the legendary John Cooper are the most powerful and exclusive MINI models ever built,” he added.
The MINI John Cooper Works Hatch is powered by a 2-litre, 4-cylinder TwinPower Turbo petrol engine and can touch 100 km per hr in 6.1 seconds, the company said. (AGENCIES)
BUSINESS-TVS MOTOR-INVESTMENT
TVS Motor invests 3.85 mln dollars in TagBox as part of series A funding
BENGALURU, May 9:
TVS Motor Company has invested US Dollar 3.85 Million in TagBox, a supply chain IIoT and Machine Learning platform company as part of its Series A funding round.
Rajesh Narasimhan, Board Member of TVS Motor Company and CEO of TVS Motor (Singapore) stated in a press release here on Thursday that “we evaluated many companies providing IoT solutions in the Supply Chain and logistics space and found TagBox’s product offerings and solutions to be an unique blend of IoT, Machine Learning and close-loop AI. Our current investment in Tagbox is part of the initial set of investments being made in strategically relevant digital startups.”
“Organizations across the globe are increasingly adopting IoT and Machine Learning solutions to improve their supply chains and operations. We are excited that TVS Motor’s worldwide operations and experiences will help make our product and value proposition stronger and highly differentiated”, said Adarsh Kumar, CEO of TagBox.
TagBox plans to use the funds to strengthen product innovation and R&D while expanding its global footprint. TagBox will continue to invest in their BoxLens and AssetLens platforms and develop new predictive analytics and automation solutions to solve various customer use cases.
(AGENCIES)
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