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Hero Electric's PE fundraising flounders as EV sales slump, subsidy mess worsens

Manufacturing

28 July, 2023

Hero Electric's PE fundraising flounders as EV sales slump, subsidy mess worsens

Hero Electric Vehicles Pvt. Ltd’s efforts to receive capital previously committed by two alternative investment firms have hit a wall, ......

Hero Electric backer Gulf Islamic Investment to invest $500 million in India in next 3 years

Finance

18 October, 2021

Hero Electric backer Gulf Islamic Investment to invest $500 million in India in next 3 years

UAE-based financial services firm Gulf Islamic Investment on Monday said that it will open its office in Bengaluru as it ......

Alpha Capital picks up minority stake in two-wheeler maker Hero Electric

Manufacturing

11 December, 2018

Alpha Capital picks up minority stake in two-wheeler maker Hero Electric

Hero Electric Vehicles Pvt. Ltd, which manufactures lithium-ion battery-powered two-wheelers, said on Tuesday that it has raised Rs 160 crore ......