Bottomline: Apollo, ChrysCap-backed Hero FinCorp comes out of the red, AUM hits $5 bn

By Malvika Maloo

  • 28 Sep 2023
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Abhimanyu Munjal, chief operating officer, Hero FinCorp

US-based private equity major Apollo Management-backed Hero FinCorp ended the last financial year (FY) on a positive note, coming out of the red while managing its bad loans. The firm, owned by 2-wheeler major Hero MotoCorp Limited and its promoters from Munjal family, reported Rs 480 crore in net profit on ......

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