🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Ather Energy CHRO Sunitha Lal resigns after eight years
Economic Times
·
1m ago
Medial
Sunitha Lal, the Chief Human Resources Officer of Ather Energy, resigned after more than eight years to explore other interests. During her tenure, she helped build the organization from the ground up, developing its culture and people practices. Lal's background includes roles at AIG Systems Solutions and Mphasis. Meanwhile, Ather Energy reported a narrowed net loss of Rs 234.4 crore in Q4 FY25, attributed to increased volumes and improved margins for the electric vehicle manufacturer.
View Source
8
Related News
BharatPe CMO Parth Joshi resigns after over 3 years
Inshorts
·
6m ago
Medial
BharatPe Chief Marketing Officer Parth Joshi has resigned after over three years at the company. "Parth Joshi has decided to embark on his entrepreneurial journey, and we respect his decision," the company's spokesperson said. In December last year, BharatPe also announced the exit of its CHRO Smriti Handa and Chief Data Scientist Ritesh Mohan Srivastava.
View Source
Storage system must to meet clean energy targets, says Manohar Lal
Economic Times
·
1m ago
Medial
Power Minister Manohar Lal highlighted the necessity of an energy storage system to achieve clean energy goals, stabilize the grid, and provide continuous electricity. Over the past years, storage costs dropped drastically from ₹10 lakh/MW to ₹2.5 lakh/MW monthly. With shifts towards green hydrogen, India aims for energy independence. Current battery energy storage is 205 MW; new storage projects will increase capacities significantly by 2031-32, with a focus on hydro pumped storage projects reaching 50 GW in upcoming years.
View Source
Claris founding family's waste-to-energy firm Abellon taps offshore investor
VCCircle
·
1y ago
Medial
Claris Waste Management, founded by the family behind Claris Lifesciences, is receiving funding from a foreign investor. The company, led by Arjun and Aditya Handa, is seeking capital for its waste-to-energy business. This investment comes almost eight years after the group sold its flagship business.
View Source
Sachin Bansal exits Ather Energy selling remaining stake to Hero MotoCorp, Nikhil Kamath
Economic Times
·
1y ago
Medial
Flipkart co-founder Sachin Bansal has sold his remaining 7.5% stake in electric scooter manufacturer Ather Energy. Bansal sold a 2.2% stake to Hero MotoCorp for INR 124 crore and the rest to Zerodha co-founder Nikhil Kamath. Bansal had previously invested around INR 400 crore in Ather Energy. Hero MotoCorp's inferred valuation for the latest stake purchase was INR 5,636 crore. After this transaction, Hero MotoCorp now holds about 40% of Ather's total shareholding. Ather Energy recently raised INR 286 crore ($34 million) in funding and plans to raise between $75-90 million in the next round.
View Source
Amazon India head Manish Tiwary resigns, successor yet to be named
VCCircle
·
1y ago
Medial
Manish Tiwary, the head of Amazon India, has resigned after eight years with the company. His departure comes as Amazon plans to invest $26 billion in India by 2030 but faces strict regulatory challenges. Tiwary's successor has not been named yet. Amit Agarwal, senior vice president for emerging markets, will continue to be closely involved with the India team as the company focuses on the Indian market. Amazon is currently facing an antitrust investigation for alleged favoritism towards certain sellers on its India platform.
View Source
Exclusive: Ather Energy Converts Into A Public Entity As IPO Plans Gather Steam
Inc42
·
1y ago
Medial
Ather Energy, the electric vehicle startup, has announced its decision to convert from a private company to a public company. The company has renamed itself Ather Energy Ltd from Ather Energy Pvt Ltd. It is now focused on preparing for its Initial Public Offering (IPO) which is expected to take place in the second half of this year. Ather Energy has reportedly hired HSBC Holdings, Nomura Holdings, and JP Morgan Chase & Co to assist with its IPO.
View Source
EV company Exponent eyes $25 million at $100-120 million valuation
Economic Times
·
1y ago
Medial
EV fast charging startup Exponent Energy is set to close its funding round, raising $25 million at a valuation of $100-120 million. The round will be led by Eight Roads, with participation from existing investors Lightspeed India and AdvantEdge VC. The funds will be used to expand the charging infrastructure into more cities and enhance the battery portfolio for additional use cases. Exponent Energy, founded by former Ather Energy executives, developed a technology to fully charge a vehicle in 15 minutes. The company plans to expand into Delhi, Mumbai, Chennai, Hyderabad, and Ahmedabad.
View Source
Ather Energy posts Rs 1,784 Cr revenue in FY23, losses surge 2.5X
Entrackr
·
1y ago
Medial
Electric scooter manufacturer Ather Energy has reported significant revenue growth, reaching Rs 1,784 crore in the fiscal year ending March 2023. The company also secured Rs 1,500 crore ($185 million) in funding during the same period. Despite the growth in revenue, Ather Energy experienced increased losses, with cash outflows from operations reaching Rs 870 crore in FY23. The sale of scooters was the primary source of revenue, with additional income from after-sale and subscription services.
View Source
Ather Energy Eyes INR 4,500 Cr IPO, To File DRHP Next Week
Inc42
·
11m ago
Medial
Ather Energy is planning to raise $2.5 billion through its IPO, combining a fresh issue and an offer for sale. This move follows the successful IPO of its competitor, Ola Electric. Ather recently entered the unicorn club after securing $71 million from its existing investor, the National Investment and Infrastructure Fund, valuing the company at $1.3 billion.
View Source
Zerodha co-founder Nikhil Kamath to invest in Ola Electric-rival Ather Energy: Report
IndianStartupNews
·
1y ago
Medial
Zerodha's Co-founder, Nikhil Kamath, is set to invest in Ather Energy, an EV maker competing with Ola Electric. The investment will be a secondary share sale, with Nikhil acquiring existing investors' shares in the company. Ather Energy recently raised Rs 900 crore in funding and offers electric two-wheelers such as the 450S and 450X models. Notable investors in Ather Energy include Hero MotoCorp, GIC, and Sachin Bansal.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
