Hero MotoCorp picks up additional 2.2% stake in Ather
Hero MotoCorp's investment in Ather Energy, worth 124 crore, closely follows an earlier funding round by the IPO-bound EV firm.
Source: yourstory.com
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Hero MotoCorp picks up additional 2.2% stake in Ather
Hero MotoCorp's investment in Ather Energy, worth 124 crore, closely follows an earlier funding round by the IPO-bound EV firm.
Source: yourstory.com
Ola Electric layoffs: Ola Electric eyes leaner road to profitability, to cut 400-500 roles
Ola Electric, eyeing an IPO, is reportedly trimming its workforce by 400-500 employees to streamline operations. This number may change as the senior leadership is still concluding the scale of the layoffs. They are expected to hit multiple verticals, sources told ET.
Source: indiatimes.com
Ather Energy raises Rs 286 Cr in debt and equity funding
With a carefully considered combination of debt and equity financing, Ather Energy, a well-known EV producer in India, has raised a total of Rs 286 crore, or about $34 million.
Source: techstory.in
Bottomline: Stride Ventures founders' NBFC Stride One Capital grows its AUM 42% y-o-y
Stride One Capital Pvt. Ltd, a non-banking financial company (NBFC) set up by the founding members of venture debt firm Stride Ventures, has recorded strong ......
Source: vccircle.com