Hero Electric raises Rs 220 crore to fund capacity expansion, product development - Business News: Latest News & Videos about market and economy | Trendmergers

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Hero Electric raises Rs 220 crore to fund capacity expansion, product development

The funding round is not concluded yet and the company is in discussions to raise more capital. Oaks Asset Management invested in Hero Electric at a premium of over 100% over the last round of fundraising in 2018, Naveen Munjal, managing director, Hero Electric told ET.

from Stocks-Markets-Economic Times
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