The investment is led by Inventus Capital India along with Blume Ventures, Jetty Ventures, and Sujeet Kumar.
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The organized bicycle market seems to remain unaffected and did not have any major impact on the manufacturing and sale.
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The company is giving 100% off on rental bookings made between May 26th and 29th,2020
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The Company achieved the distinction of crossing the 10 Million production mark of TBRs in August 2016 and within 4 years has now attained the milestone of rolling out its 20 millionth
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The guidelines and SOPs ensure maximum hygiene, sanitization, and safety for customers. These have been implemented in line with the Government of India advisories on COVID 19.
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A Chinese company presented a similar design scooter at the EICMA 2019 which now declared invalid by the European Union.
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Mercedes-Benz India pledges to donate Rs. 15000 to PM CARES Fund for COVID19 relief, for the first 500 cars sold online.
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The production will resume from May 26, 2020 in a phased manner, in concurrence with the directives of both, the State and the Central Governments, said the company.
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