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Hero Electric Vehicles Pvt. Ltd., India’s largest electric vehicles maker backed by six decades of the Hero legacy, today announced the first part of their Series B funding of Rs.220 crores. Gulf Islamic Investments (GII) led the round along with participation from OAKS. The company will direct this investment towards the objective of further supporting the EV industry and ecosystem. Avendus Capital was the exclusive financial advisor to Hero Electric on the transactio...
