How has the EV bet by family offices, angels fared as Astro Motors gets new owner?
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How has the EV bet by family offices, angels fared as Astro Motors gets new owner?

By Aman Rawat

  • 23 Apr 2025
Premium
How has the EV bet by family offices, angels fared as Astro Motors gets new owner?
Credit: 123RF.com

A few family offices and angel investors who backed Indian electric three-wheeler startup Astro Motors Pvt. Ltd have scored tepid returns as automotive parts maker Remsons Industries Ltd acquired a majority stake in the company.   Remsons is buying a 51% stake in Gurugram-based Astro Motors for Rs 14.22 crore through ......

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