{
Euler Motors Ltd.

Companies

}
001122334455554433221100
001122334455554433221100

Hero MotoCorp invests 71 million dollars in electric vehicle startup Euler Motors

Hero MotoCorp is set to invest up to 525 crore rupees (approximately $71 million) in electric vehicle manufacturer Euler Motors, acquiring a nearly 32.5% stake through primary and secondary investments. The deal includes purchasing equity shares and Series D compulsory convertible preference shares. Founded in 2018, Euler Motors specializes in electric three-wheelers and operates over 500 charging hubs across more than 30 cities in India.
Tech in Asia
Indian Rupee Euler Motors Ltd. Hero MotoCorp Limited IND Saurav Kumar
Business & Industry, News Article
05:10 21.03.2025

Hero MotoCorp invests 525 crore in Euler Motors acquisition

Hero MotoCorp is set to acquire a stake in Euler Motors for INR 525 crore. This strategic investment highlights Hero MotoCorp's commitment to expanding its footprint in the electric vehicle sector. The deal is expected to enhance collaboration and innovation in sustainable mobility solutions.
StartupNews.fyi
Indian Rupee Euler Motors Ltd. Hero MotoCorp Limited IND
Business & Industry, Press Release
22:21 20.03.2025
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