{"id":619455,"date":"2023-11-25T11:26:05","date_gmt":"2023-11-25T05:56:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=619455"},"modified":"2023-11-25T11:26:05","modified_gmt":"2023-11-25T05:56:05","slug":"hero-electric-taps-gii-credit-funds-for-rs-550-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hero-electric-taps-gii-credit-funds-for-rs-550-crore\/","title":{"rendered":"Hero Electric taps GII, credit funds for Rs 550 crore"},"content":{"rendered":"<p>Hero Electric, an electric two-wheeler manufacturer promoted by Naveen Munjal, has approached existing investor Gulf Islamic Investments (GII) and credit funds to raise around Rs 550 crore, as the company fights a working capital crunch that has affected its operations and resulted in loss of market share, according to sources aware of the matter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hero Electric, an electric two-wheeler manufacturer promoted by Naveen Munjal, has approached existing investor Gulf Islamic Investments (GII) and credit funds to raise around Rs 550 crore, as the company fights a working capital crunch that has affected its operations and resulted in loss of market share, according to sources aware of the matter.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-619455","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/619455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=619455"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/619455\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=619455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=619455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=619455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}