Mahindra and Mahindra which has been mulling its entry into two wheeler market seems finally finds a way to foray into the market. CNBC TV18 reports Kinetic the maker of flyte and blaze may sell stakes to Mahindra and Mahindra. Kinetic is in the process of raising Rs120crores. M&M and Kinetic’s taiwan partner SYM may involve in raising the stake. SYM already has 11% stake in Kinetic. Mahindra was earlier rumoured to be in talks with chinese manufacturer ‘Lifan’ but it didn’t went as expected. More details are expected.