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Vaibhav Babruwan Shingde

Student • 1y

Let's Decode Ather Energy 🤯📈💲 Today I saw various Ather Energy Scooters like 450 Plus and 450X and decided to make on Ather Energy 📈🤯🚀. Introduction: • Ather Energy, established in 2013 in Bangalore, India, specializes in electric scooters. • Ather Energy has India's best research and development team approx. more than 1200 Engineers.🤯 • Ather's scooters are known for their smart features and performance. Investors:🤑 Major investors include Hero MotoCorp, GIC, Tiger Global, and SoftBank. Hero MotoCorp has invested $66.5 million in a recent funding round with valuation $739 Million. Sales:📈🤯💲 • The company sold over 10,056 units in October 2023, a 30% month-on-month growth. • Ather's market share increased from 10% to 12% in July 2023. Strategies and Future Goals : 📈🤯 • Ather is growing its Experience Centers in India. • Developing new electric scooters and tech. • Aiming to grow its Ather Grid charging network. I hope you guys like it and Follow me 🤩📈💯

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Hero MotoCorp Acquires 2.2% Stake in Ather Energy. Hero MotoCorp will purchase the additional shareholding from an undisclosed existing investor.

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Electric vehicle maker Ather Energy is targeting a valuation of $2.4 billion for its IPO. This valuation will be up more than 80% from its last funding round in August. Hero motocorp is the biggest investor in Ather.

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Ather Energy set a record in October by dispatching 20,000 scooters Driven by strong demand for its new Rizta model This boosted Ather's market share to 14.3%, with sales up 141.8% year-over-year as India’s EV market grew 70%

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"Ather energy is losing it's energy" Hero moto corp acquired another 2% in AE now total combined 42% stack on AE.

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Hero MotoCorp consistently holds the largest market share in the Indian two-wheeler industry.

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