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Polaris Smart Metering raises $100 mn in funding from I Squared Capital
Funds raised will primarily be used to acquire, execute and finance large smart metering contracts across India
Polaris India eyes 15% share of super luxury bikes by 2016
Company now gets around 60% of its unit sales in country from off-road vehicles
Virtusa gets CCI nod to acquire 53% stake in Polaris
The combination is expected to help Virtusa provide end-to-end global banking and financial services