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Inc42 Shots: Hero Group’s Chairman Pawan Munjal To Invest In Ola Electric

India’s first electric vehicle unicorn, Ola Electric, is reportedly in talks with Hero Motocorp chairman Pawan Munjal for a potential round of funding, This deal has reportedly been in the works over the last few months and people close to Munjal were aware of the ongoing negotiations. The auto giant’s chairman intends to invest in different startups going forward. The Ola Electric investment by Munjal is said to be done in his personal capacity.  

Author

Harshil Khatter

Inc42 Staff