Let's Decode Ather Energy ๐คฏ๐๐ฒ
Today I saw various Ather Energy Scooters like 450 Plus and 450X and decided to make on Ather Energy ๐๐คฏ๐.
Introduction:
โข Ather Energy, established in 2013 in Bangalore, India, specializes in electric scooters.
Hero MotoCorp Acquires 2.2% Stake in Ather Energy.
Hero MotoCorp will purchase the additional shareholding from an undisclosed existing investor.
0 replies2 likes
Mahendra Lochhab
Content creatorย โขย 3m
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.
Let's Decode Ather Energy ๐คฏ๐๐ฒ
Today I saw various Ather Energy Scooters like 450 Plus and 450X and decided to make on Ather Energy ๐๐คฏ๐.
Introduction:
โข Ather Energy, established in 2013 in Bangalore, India, specializes in electric scooters.
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41 replies21 likes
Aryan patil
ย โขย
Monkey Adsย โขย 11m
"Ather energy is losing it's energy"
Hero moto corp acquired another 2% in AE now total combined 42% stack on AE.
8 replies9 likes
Jayant Mundhra
ย โขย
Dexter Capital Advisorsย โขย 11m
What next for Ather? A Hero subsidiary status? ๐ ๐
With the latest development, that has never been more likely.
Let's dive in!
..
Whenever Ather Energyโs in need of more money, Hero pounces in.
-> This was evident in the Sep rights issue where
๐จ Ather IPO Alert ๐ต
โก๏ธRaised โน1,340 Cr from anchor investors (SBI, ADIA, Franklin, Morgan Stanley)
โก๏ธHero MotoCorp is the biggest shareholder (~38%)
โก๏ธFY24: โน1,753 Cr revenue, โน1,062 Cr loss
โก๏ธValued at ~$1.44B
EV wave is going public โ are you w
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0 replies7 likes
Swayam Chatterjee
Boring personย โขย 11m
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 EVsโ poor performance and de
Balance is not always 50:50.
It sometimes 30:70
Maybe 60:40
Even 20:80
Or 34.73:65.27
It's more about doing the most important things more efficiently (even sometimes that one thing only) rather than doing everything equally.
6 replies3 likes
Mridul Das
Introvert!ย โขย 1m
Wow Ola Electric sale rises to 170% from last month where total sale of electric scooter rises 72 % .
Feb: 8,653 units
March: 23,430 units
Now Ola has 20% market share
Bajaj remains at top with 30% market share.
Feb: 21,537 units
March: 34,8
