India invests ₹200 crore in Ather Energy's ₹1,200 crore fundraising round, joining Hero MotoCorp and founders' contributions.

Hero MotoCorp announced a Rs 1,000 crore investment in Ather Energy. This investment will be made through a preferential allotment, deepening Hero's commitment. The company…

Ather Energy shares jumped on Wednesday after Hero MotoCorp approved an additional investment of up to Rs 1,000 crore in the EV maker through a preferential allotment, reaffirming…

Hero MotoCorp invests ₹1,000 crore in Ather Energy to enhance its electric vehicle strategy and expand market share.

Under the preferential issue, the India-Japan Fund will subscribe to Rs 200 crore worth of equity shares, while Hero MotoCorp will invest Rs 960 crore through convertible…