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

By Economic Times - 3 months ago
Hero MotoCorp has invested Rs 124 crore into Ather Energy, a significant electric scooter manufacturer, increasing its share by 2.2% and solidifying its position as the largest shareholder. This investment, made at an inferred valuation of Rs 5,636 crore, underscores Hero's commitment to the electric vehicle market.

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