HomeFundingHero MotoCorp invests Rs 124 crore into Ather Energy, valuation up 20%...

Hero MotoCorp invests Rs 124 crore into Ather Energy, valuation up 20% at Rs 5,636 core

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Hero MotoCorp, which was already the largest shareholder in Ather Energy, now holds over 40% of the firm’s total shareholding. The investment comes just a week after the company raised Rs 286 crore ($34 million) from its founders and Stride Ventures in a mix of debt and equity funding.

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