Tag Archives: Invests

Hero Motocorp aims to become ‘future of mobility’, invests ₹10,000 crore in R&D

Jaipur: Hero Motocorp will invest ₹10,000 crore in research and development (R&D) in the next 5-7 years, Pawan Munjal, Chairman and Managing Director said on Tuesday. Munjal also announced the new vision and mission of Hero Motocorp called ‘ Be the future of mobility’. Speaking at Hero World 2020 at the company’s Centre for Inovation and Technology, Munjal said the ₹10,000 crore investment in ... Read More »

UAE’s Masdar invests $150 million in Hero Future Energies

New Delhi: In what will rank among the largest deals in the India’s clean energy space, United Arab Emirates’ Masdar (Abu Dhabi Future Energy Company) has acquired around 20% stake in Munjal family-promoted Hero Future Energies Pvt. Ltd for $150 million. Masdar is owned by Abu Dhabi government’s sovereign wealth fund Mubadala Investment Company. Sovereign wealth funds are preferred for their ... Read More »

Sony to accumulate AI as Key business Pillar, Invests in US Startup

Japan’s Sony Corp stated it plans to accumulate its synthetic intelligence (AI) enterprise and eventually turn it into a main revenue supply, beginning with an investment in a US startup. The electronics maker has invested an undisclosed sum in California-based Cogitai. The year-antique company, founded by 3 researchers, specializes in era that permits machines to examine usually and autonomously from ... Read More »

Ratan Tata Invests in B2B Marketplace Moglix

Leading industrialist Ratan Tata has invested in Moglix, an e-commerce company specialising in B2B procurement of industrial products, continuing his slew of investments in startups across the world. This is Tata’s sixth investment this year after investing in five companies DogSpot.in, Tracxn, CashKaro, FirstCry and Teabox last month. Tata has invested an undisclosed amount in the company and with his ... Read More »