ather-energy

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Electric Two-Wheeler Firm Ather Energy Files IPO to Raise ₹370 Million

Electric two-wheeler manufacturer Ather Energy has proposed raising ₹31 billion (~₹369.4 million) through an initial public offering (IPO). In a draft red herring...

September 10, 2024

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Tina Freese

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Electric Vehicles

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Finance and M&A
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Hero MotoCorp Increases Stake in EV Firm Ather by 2.2%

Hero MotoCorp has increased its stake in electric mobility firm Ather Energy by 2.2% by purchasing shares worth ₹1.24 billion (~$14.85 million). The indicative period...

June 11, 2024

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Namratha A Rai

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Electric Vehicles
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Electric Scooter Maker Ather Raises $128 Million from NIIFL and Hero MotoCorp

Indian electric two-wheeler company Ather Energy has raised $128 million from the National Investment and Infrastructure Fund’s (NIIF) Strategic Opportunities Fund (SOF)...

May 12, 2022

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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Hero MotoCorp invests ₹4.2 Billion in Ather Energy as it Prepares for its EV Launch

Hero MotoCorp, a manufacturer of motorcycles and scooters, is investing ₹4.2 billion (~$56.44 million) in Ather Energy, an electric two-wheeler manufacturer. The...

January 21, 2022

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Satish Shetty

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Electric Vehicles

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Grid
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Ather Energy Begins Electric Two-Wheeler Production at its Facility in Tamil Nadu

Indian electric two-wheeler manufacturer, Ather Energy, has commenced operations from its facility in Hosur, Tamil Nadu. Ather has also started deliveries in Mumbai,...

February 15, 2021

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Rahul Nair

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Electric Vehicles

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Grid
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Bengaluru’s Electric Two-Wheeler Leasing Platform Welectric Raises Angel Funding

Welectric, an electric two-wheeler lifecycle management company, raised an undisclosed amount in angel funding from several investors. Welectric is an early-stage...

November 25, 2020

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Rakesh Ranjan

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Electric Vehicles

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Grid
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72% YoY Rise in Registrations for Electric Two-Wheelers in September 2020

India’s electric two-wheeler industry is showing signs of revival, the latest report by the Society of Manufacturers of Electric Vehicles (SMEV) suggests. The...

October 9, 2020

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Harsh Shukla

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Electric Vehicles

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Grid
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COVID or Not, Indian EV Startups Continue to Push Forward

Historically, mobility and fossil fuels have been inextricably linked, and electric vehicles (EVs) have been on the fringes relevant only in a few niche markets. But...

September 9, 2020

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Rakesh Ranjan

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Mercom Research Focus

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Other
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With New Investment of ₹840 Million, Hero’s Share in Ather Energy Rises to 34.58%

Hero MotoCorp, a leading manufacturer of motorcycles and scooters, has announced that it has invested ₹840 million (~$11.25 million) in Ather Energy. According to a BSE...

July 27, 2020

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Rakesh Ranjan

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Electric Vehicles

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Grid
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Mumbai-Based EV Startup Raises Funding to Launch Three New Models This Year

Mumbai-based electric vehicle (EV) startup Earth Energy EV announced that it received an undisclosed amount of seed funding. The company plans to use the funds to...

July 10, 2020

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Rakesh Ranjan

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Electric Vehicles

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Grid
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Electric Scooter Manufacturer Ather Energy Raises $51 Million in Funding

Ather Energy, India’s intelligent electric scooter manufacturer, raised $51 million in its latest round of funding, led by Flipkart’s co-founder Sachin Bansal’s...

May 30, 2019

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Soumik Dutta

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Electric Vehicles

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Market & Policy

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