Mahindra & Mahindra acquires 26% stake in Omnivore-backed M.I.T.R.A

Acquisition marks Mahindra’s entry into sprayers business

Mumbai, January 30, 2018: Mahindra & Mahindra Ltd (M&M Ltd), a part of the USD 19 billion Mahindra Group, today announced its foray into the sprayers business under the aegis of its Farm Equipment Sector through the acquisition of a 26% equity stake in M.I.T.R.A. Agro Equipments Pvt Ltd, a Maharashtra-based AgTech company (MITRA).