Hero Electric
Manufacturing
IPO-bound Ola Electric records $136 mn loss for FY23
India's largest e-scooter maker Ola Electric recorded an operating loss of $136 million on a revenue of $335 million......
TMT
Exclusive: Gulf Islamic Investments topping up India exposure
The UAE-based Gulf Islamic Investments (GII), which manages assets of more than $3 billion in private equity, venture ......
TMT
E-commerce firm Beyoung raises close to $5 mn in funding round
E-commerce startup Beyoung on Friday said it has secured $4.89 million (Rs 40 crore) in an undisclosed funding round ......
TMT
How Indian EV firms are improving their financial health as demand soars
India's top electric two-wheeler makers managed to improve their financial health in the fiscal year ended 31 March ......
TMT
EV maker Simple Energy raises $20 mn in bridge round
Electric vehicle maker Simple Energy, on Tuesday said it has secured over $20 million in an ongoing bridge funding round......
Finance
Sequioa backed Klub extends credit to BluSmart, Hero Electric, others
Revenue-based financing platform Klub on Monday said it has extended credit up to Rs 50 crore (around $6 million) to ......
Consumer
Why Hero's first e-scooter may not be off to a speedy start
Investors gave a lukewarm response to Hero MotoCorp Ltd launching its electric scooter VIDA V1 and opening bookings on ......
Manufacturing
Hero Electric hires banker to raise $250 mn
Hero Electric Vehicles Pvt. Ltd is in talks with investors, including sovereign funds, for its largest fundraising of ......
General
Oaks Asset Management's consumer fund set to exceed initial target
Mid-market private equity firm OAKS Asset Management is set to raise Rs 1,000 crore for its consumer fund, higher than ......
Manufacturing
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...
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