Top News Of the Day:
1. WeWork plans to sell 27% stake in Indian arm for Rs 1,200 Cr
2. Indian electric two-wheeler manufacturer, Ather Energy, is reportedly in the final stages of securing $75-$90 million in primary funding from its existing inves
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Vaibhav Babruwan Shingde
Studentย โขย 11m
Ather may raise from Hero Motocorp because they have 40% stakes in Ather Energy ๐ค.
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 2m
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 10m
"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
mg
News & updatesย โขย 24d
Ather Energy IPO
EV maker ather Energy plans IPO at $1.2 billion (Rs 10,400 cr) valuation, Eyes $400 million (Rs 3487 cr) raise by April
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
Don't raise money just because you can.
Raising money costs freedom more than the stakes.
3 replies2 likes
Havish Gupta
Figuring Outย โขย 5m
Well if you compare OLA electric with other EV brands like Ather, then it's leading the market. Comparing OLA with Hero or Indusind bank doesn't make sense since they operate in different genre.
6 replies7 likes
Swayam Chatterjee
Boring personย โขย 10m
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
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
