Newark, Delaware, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Mobiv Acquisition Corp (NASDAQ:MOBVU, MOBV, MOBVW))) (the "Company" or "Mobiv") announced that on December 8, 2023, the Company consummated the previously announced business combination with SRIVARU Holding Limited, a Cayman Islands exempted company ("SVH" or "SRIVARU"), and Pegasus Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of the SVH ("Merger Sub"), pursuant to the business combination agreement which was initially entered into on March 13, 2023, among the Company, SVH and Merger Sub, as amended by the first amendment to agreement and plan of merger, dated August 4, 2023 (as amended, the "Merger Agreement"). Pur