Mahindra Last Mile turns unicorn with ₹322 cr raise

•Mahindra Last Mile Mobility raised ₹322 crore in a funding round led by Lightrock.

•The valuation reached ₹10,822 crore, making the company a unicorn.

•The company manufactures electric, CNG, and petrol vehicles, including three and four-wheelers.

•Existing investors IFC and India-Japan Fund also participated in the funding round.