Argus and Khaitan lead on Hero Electric fund raise from Gulf Islamic Investments and Oaks
We have advised V’Ocean Investments Limited, advised by OAKS Asset Management (“OAKS”), in the Series B funding raised by Hero Electric Vehicles Private Limited (“Hero Electrics”). Along with OAKS, the funding round also involved participation from Gulf Islamic Investments, Dubai (“GII”).
Hero Electrics intends to direct this investment towards their objective of further expansion and growth.
Our team was led by Gaurav Singhi, Partner along with Tushnika Dayal, Senior Associate. Hero Electrics was represented by Khaitan & Co. GII was represented by their in-house legal team.
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