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Troubled Tork Motors, backed by Ratan Tata and Bhavish Aggarwal, looking at stake sale to revive operations

By Economic Times - 2 weeks ago
The Pune-based electric motorcycle startup--backed by Ratan Tata, Bharat Forge and Ola's Bhavish Aggarwal--has sent out buyout proposals to two-wheeler companies including Kinetic Green, Hero MotoCorp, and TVS Motor Company for the potential deal, said people familiar with the matter. These companies said they are studying the proposals and would decide shortly.

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