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India’s Hero Motocorp to invest over $56 mln in EV startup Ather Energy

BENGALURU, Jan 14 (Reuters) – Indian two-wheeler automobile maker Hero Motocorp Ltd (HROM.NS) stated on Friday it could invest up to 4.20 billion rupees ($56.66 million) in electrical automobile start-up Ather Energy.

($1 = 74.1240 Indian rupees)

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Reporting by Rama Venkat in Bengaluru;
Editing by Vinay Dwivedi

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