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Hero FinCorp to raise Rs 4,000 crore through IPO

Kiran Murali     calendar30 May 2024

The NBFC’s board has approved the IPO, which also comprises an offer for sales by certain existing company shareholders.

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Fiem Industries earmarks capex of Rs 250–300 crore for three years News
Fiem Industries earmarks capex of Rs 250–300 crore for three years

By Shahkar Abidi calendar29 May 2024

The company had a capex of Rs 85.86 crore in FY24.

Exide in talks with e2-wheeler makers for lithium-ion battery supply News
Exide in talks with e2-wheeler makers for lithium-ion battery supply

By Kiran Murali calendar28 May 2024

The battery maker, which recently announced a partnership with Hyundai and Kia, is engaged in discussions with most of...

Oben Electric to set up 50 new showrooms and service centres in 12 Indian cities News National
Oben Electric to set up 50 new showrooms and service centres in 12 Indian cities

autherAutocar Professional Bureau calendar28 May 2024

Following its entry into the key markets of Delhi, Pune, Kochi and Trivandrum, Bengaluru-based electric bike maker set...

PHF Leasing expands EV loan portfolio News
PHF Leasing expands EV loan portfolio

autherAutocar Professional Bureau calendar27 May 2024

The company now offers loan products for the purchase of electric Cargo vehicles in the L5 Category, electric two-whee...

Oben Electric to raise around USD 20 million in FY25 News
Oben Electric to raise around USD 20 million in FY25

By Amit Vijay M calendar27 May 2024

The new fundraising will be used for network expansion, which includes the opening of 50 new retail outlets and the in...

iVOOMi expands dealer network with first appointment in Rajasthan News
iVOOMi expands dealer network with first appointment in Rajasthan

autherAutocar Professional Bureau calendar27 May 2024

Customers will also benefit from exclusive offers and flexible financing options, making the transition to electric mo...

Zypp Electric kicks off Series C Round with USD 15 million investment led by ENEOS News
Zypp Electric kicks off Series C Round with USD 15 million investment led by ENEOS

autherAutocar Professional Bureau calendar27 May 2024

The newly secured funds will be instrumental in expanding Zypp’s fleet from 21,000 to 200,000 electric scooters and ex...

Ola patents removable battery, could be used on future e-scooter News
Ola patents removable battery, could be used on future e-scooter

By Dinshaw Magol, Autocar India calendar25 May 2024

Ola also working on three-wheelers, cars.

Honda Shine 100 sells 3 lakh units since launch in 2023 News
Honda Shine 100 sells 3 lakh units since launch in 2023

autherAutocar Professional Bureau calendar24 May 2024

Powering Shine 100 is a 100cc OBD2 compliant PGM-FI engine, boosted by Enhanced Smart Power (eSP) technology that deve...