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Unicorn Alert! Ather Energy, an Indian electric scooter manufacturer, is now the 4th Unicorn of 2024. After raising $71 million in a funding round led by National Investment and Infrastructure Fund (NIIF) pushing their valuation to $1.3 billion Fou

In Bangalore, engineer Tarun Mehta co-founded Ather Energy to revolutionize electric mobility. Overcoming skepticism, they launched the Ather 450 in 2018, India's first smart electric scooter. Facing challenges of manufacturing and scalability, Tarun

Why India's OG Electric Scooter Company is Failing? Founded in 2013 by Tarun and Swapnil, Ather initially aimed to build a battery company. However, they shifted their focus to creating electric vehicles due to existing EVs’ poor performance and de

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Ather declares war on Bajaj with its new manufacturing plant! 🙌🙌 Ather is said to have zeroed down on Maharashtra’s Aurangabad, which is already an automotive manufacturing hub. This 3rd plant’s location is a big event in itself, and merits a dis

If I purchased an EV before 31st March 2023 I would have availed a deduction of ₹150000 under section 80 EEB. If you purchased an EV did you avail the deduction??

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.

🚨 Ather IPO Alert 🛵 ➡️Raised ₹1,340 Cr from anchor investors (SBI, ADIA, Franklin, Morgan Stanley) ➡️Hero MotoCorp is the biggest shareholder (~38%) ➡️FY24: ₹1,753 Cr revenue, ₹1,062 Cr loss ➡️Valued at ~$1.44B EV wave is going public — are you w

May 2025 2W EV Sales: TVS Leads, Ola Slips to 3rd Spot India’s electric scooter market saw a significant shift in May 2025. TVS Motor Company secured the top position with 24,563 units sold, while Bajaj Auto climbed to second with 21,777 units. Surp

Odysse Electric Reports 43% YoY Sales Growth in May 2025 Mumbai-based EV manufacturer Odysse Electric Vehicles recorded a 42.9% year-on-year growth in May 2025, selling 223 units vs 156 in May 2024. The surge is driven by growing EV demand, network