Hero Enterprise, a motorcycle production spinoff of Hero Group, has invested $10m in LED light maker Corvi.
Hero Enterprise, a diversified spinoff of motorcycle producer Hero Group, has provided $10m of funding for India-based LED lighting product maker Corvi LED Light, the Economic Times has reported.
Corvi develops and produces a range of energy-efficient LED lights, including downlights, tubes, flat lights and fixtures.
Sunil Kant Munjal, Hero’s chairman, told ET: “Corvi has strong credentials in sophisticated and innovative product design, but also because here is a great chance to democratise high-end technology.
“A combination of solid state…
