Hero Group electronic manufacturing company makes strategic investment

Q.  Hero Group has invested in which Bengaluru based company?
- Published on 02 May 16

a. Tessolve Semiconductor
b. Tesla Semiconductors
c. Sony Semiconductors
d. None of the above

ANSWER: Tessolve Semiconductor
 
Hero Group electronics manufacturing company Hero Electronix has made a strategic investment in Bengaluru based Tessolve Semiconductor. The 300 crore Hero Electronix will be holding a majority stake in the company towards the close of the year by buying stakeholders in Tessolve over the next coming months.
  • Through this acquisition, Delhi based Hero plans to take a deep dive into electronics manufacturing including wearables, IoT devices and electronic components.
  • Tessolve was founded in 2004 by Raja Manickam.

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲