The existing PIPE includes Hon Hai (Foxconn) Technology Group, GoTo Group, Generation Investment Management, Temasek, Gogoro!s founding investor, Dr. Samuel Yin of Ruentex Group, and other vehicle makers and institutional investors.
The Company gets nod by the Land Allotment Committee of the proposal to allot land measuring 124.26 acres in Kalinga Nagar Industrial Complex (KNIC), Jajpur.

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