<p>Hero Fincorp could raise ₹2,000 crore equity funding from existing and new investors to create a capital buffer for its business, according to people familiar with the matter. Hero Fincorp has initiated a valuation exercise before the equity funding round will be finalised. The final contributions of the existing and new investors could change based on the valuation report, according to people cited.</p><p>As per Economic Times, discussions are ongoing with private equity investors like Apollo Global Management, though a final decision is yet to get formalised. Hero Fincorp declined to comment on what it termed "market speculation". Apollo Global Management declined to comment.</p>

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