The Biocon Foundation on Thursday signed an MoU with the Bangalore Metro Rail Corporation Limited (BMRCL) to invest ₹65 crore for construction of Hebbagodi Metro station on Hosur Road. The MoU was signed between the foundation's founder Kiran Mazumdar-Shaw and BMRCL Director Ajay Seth. BMRCL will reportedly approach the state government for naming the station as 'Biocon Hebbagodi Metro Station'.