February 23, 2018 / 8:18 AM / 6 months ago

BRIEF-Mahindra And Mahindra To Invest In Resfeber Labs

Feb 23 (Reuters) - Mahindra And Mahindra Ltd:

* SAYS AGREEMENT FOR INVESTING IN RESFEBER LABS PRIVATE LIMITED

* SAYS TO INVEST UP TO 500.5 MILLION RUPEES FOR SUBSCRIPTION OF SERIES C CCCPS OF RESFEBER LABS

* SMARTSHIFT BY CO TO MERGE WITH PORTER BY RESFEBER LABS

* PRANAV GOEL WILL BE THE CEO OF MAHINDRA SMARTSHIFT WHILE KAUSALYA NANDAKUMAR WILL WORK AS INTERIM CO-CEO Source text - bit.ly/2EWoBm1 Further company coverage:

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