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 in ......
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 from ......
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 2022 even ......
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. The ......
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 10 ......
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 around $250 ......
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 Rs 160 crore ......
TMT
Hero Electric promoters, others invest in bike taxi & on-demand delivery app N.O.W
Noida-based bike taxi and delivery app N.O.W has raised an undisclosed amount of funding from the promoters of Hero Electric, ......
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