# Advent, EQT eye Pricol’s demerged smart mobility business 2026-08-07T15:14:01+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Global private equity firms Advent International and EQT are evaluating an investment in Pricol's demerged driver information and connected vehicle solutions (DICVS) business, three people familiar with the matter said. The deal could be worth around Rs 5,000 crore, and the promoters will not dilute any stake. The demerger, approved by Pricol's board on 27 June, will create a separate entity called Pricol Autotech Ltd. The DICVS business posted a turnover of Rs 2,424.63 crore in financial year 2026, accounting for 61.17% of Pricol's consolidated revenue. Pricol said the fundraise information is speculative, and the demerger is pending stock exchange and regulatory approvals. ## Coverage - livemint.com Tags: Advent International, demerger, EQT, Pricol, private equity, smart mobility Canonical: https://indianopinion.org/advent-eqt-eye-pricols-demerged-smart-mobility-business/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/advent-eqt-eye-pricols-demerged-smart-mobility-business/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.