Taycan electrifies Porsche’s European, American deliveries

Stuttgart-based marque Porsche announced that its premier all-electric offering, the Taycan, has become their best-selling model in Europe in August and one of their key sales drivers in the US in the third quadrant of 2020.

Based on the UK-based auto industry intelligence supplier JATO Dynamics, as cited by Car Industry Analysis, Porsche rolled out 1,183 units of the Taycan. This comprises 23.4 percent of the carmaker’s 5,046-unit total sales in Europe in August.

Aside from that, the same data showed that Taycan was also among the region’s best-selling models in its segment during the same month.

Meanwhile, the

Read More

Warburg Pincus to invest $95MN (INR 700 CR) in Home First – One of India’s leading affordable housing finance companies

MUMBAI, India, Oct. 8, 2020 /PRNewswire/ — US based private equity firm Warburg Pincus LLC (“Warburg Pincus”), through it’s affiliate Orange Clove Investments BV, has entered into an agreement to invest about $95 MN (INR 700 Cr) in Home First Finance Company India Ltd (“Home First”) on October 2, 2020. The announcement came in today from the leading global private equity firm focused on growth investing. The investment of approximately INR 700 crore is a combination of primary fund raise and secondary sales by existing shareholders. Warburg Pincus joins existing marquee PE firm shareholders True North and Bessemer

Read More