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July 16, 2013

Deal Alert: Forum Synergies and Axon Capital invest Rs.20-Cr in electric bike company Ampere

Coimbatore-based electric bike company Ampere has raised its first round of funding of Rs 20 crore from Forum Synergies and Spain's Axon Capital in return for a minority stake. The company will use the funding to scale up Ampere's production, distribution and sales network. 

Source: Economic Times

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