India: Hero FinCorp said to be in talks with Temasek, ChrysCap to raise $100m

India: Hero FinCorp said to be in talks with Temasek, ChrysCap to raise $100m

Abhimanyu Munjal, chief executive officer at Hero FinCorp. The funds from the deal will be used to fuel Hero FinCorp’s expansion into new areas.

Hero FinCorp Ltd, the financial services arm of India’s largest two-wheeler maker Hero MotoCorp Ltd, is close to raising around $100 million from private equity (PE) investors, two people aware of the development said.

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