Other Private Equity/Strategic Investments
Hero MotoCorp to invest Rs.420-Cr more in EV firm Ather Energy
Existing stakeholder Hero MotoCorp Ltd. is to invest an additional INR 420 crore in Bangalore-based electric scooter maker Ather Energy. The publicly listed Hero MotoCorp currently holds a 34.8% stake in the Bengaluru-based startup. Hero is exploring collaborations with Ather Energy in various spheres, such as charging infrastructure, technology and sourcing.
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