{"id":248609,"date":"2023-12-15T07:48:54","date_gmt":"2023-12-15T07:48:54","guid":{"rendered":"https:\/\/automotobuzz.com\/?p=248609"},"modified":"2023-12-15T07:48:54","modified_gmt":"2023-12-15T07:48:54","slug":"hero-motocorp-increases-its-stake-in-ather-energy-to-39-7","status":"publish","type":"post","link":"https:\/\/automotobuzz.com\/news-features\/hero-motocorp-increases-its-stake-in-ather-energy-to-39-7\/","title":{"rendered":"Hero MotoCorp increases its stake in Ather Energy to 39.7%"},"content":{"rendered":"

Hero is the largest investor in the Bangalore-based electric scooter maker.<\/h2>\n

Hero MotoCorp has increased in stake in Ather Energy by purchasing shares worth Rs 140 crore.<\/p>\n

Hero is the largest investor in the Bangalore-based electric scooter maker. With the purchase of additional shares, the company has increased its stake from 36.7% to 39.7%.<\/p>\n

Earlier this year, Ather Energy raised Rs 900 crore in fresh funding from Hero MotoCorp and GIC. Hero had also participated in a round of investment to raise $128 million back in January 2022.<\/p>\n

Recently, Hero MotoCorp and Ather Energy signed an agreement to develop an interoperable fast-charging network for 2-wheelers in India. The companies plan to set up over 1,900 fast charging points across more than 100 cities.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hero is the largest investor in the Bangalore-based electric scooter maker. Hero MotoCorp has increased in stake in Ather Energy<\/p>\n","protected":false},"author":2,"featured_media":248608,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nHero MotoCorp increases its stake in Ather Energy to 39.7% - AutoMotoBuzz.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/automotobuzz.com\/news-features\/hero-motocorp-increases-its-stake-in-ather-energy-to-39-7\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hero MotoCorp increases its stake in Ather Energy to 39.7% - AutoMotoBuzz.com\" \/>\n<meta property=\"og:description\" content=\"Hero is the largest investor in the Bangalore-based electric scooter maker. 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