Hero Electric hires banker to raise $250 mn

By Beena Parmar

  • 26 Aug 2022
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Credit: Thinkstock

Hero Electric Vehicles Pvt. Ltd is in talks with investors, including sovereign funds, for its largest fundraising of around $250 million to expand its capacity to build electric bikes amid fierce competition, two people aware of the development said. “The EV manufacturer is in discussions with a few sovereign wealth funds ......

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