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
See More
Anonymous 5
Stealth • 5m
It's interesting that Tarun Mehta believes the future profit for EV companies will come from software upgrades rather than servicing. While innovative, this model might take time to be profitable and isn’t guaranteed to work.
0 replies3 likes
More like this
Recommendations from Medial
Swayam Chatterjee
Stealth • 5m
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
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
🚀 Elevate Your Business with SE Software & Web Developers! 🚀
Are you ready to take your business to the next level? Look no further! At SE Software & Web Developers, we specialize in building high-quality, innovative software and websites tailored
See More
0 replies5 likes
Sanskar
Stealth • 3m
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
See More
1 replies4 likes
Nawal
•
SELF • 7m
💡The Importance of Knowing Your Startup’s Default Fate
Understand Your Default Fate : Startups must know if they are “default alive” or “default dead” to make informed decisions.
Default Alive vs. Default Dead :
- Default alive: Reaches profi
Top News of the Day:
1. Foxconn is reportedly considering assembling Apple's iPad in India, expanding its operations beyond iPhone production.
2. Dunzo has only paid half its dues, approaching close to insolvency.
3. According to CrowdStrike's CE
Top News of the Week:
1. Funding:
- 21 Indian startups raised around $92.63 million in funding. These deals count 4 growth-stage deals and 12 early-stage deals while 5 startups kept their transaction details undisclosed.
- 4 startups raised $33.58
Top News of the Week:
1. Funding:
- Indian startups cumulatively raised $217.84 Mn via 31 deals, a 273% increase from last week's $58.36 Mn raised across 16 deals
- With top fundraising like TechnoSport and Libas bagging $25 Mn and $18 Mn respecti
Bet Like a Pro: Masayoshi Son
Masayoshi Son is one of the most successful and idiosyncratic entrepreneurs and investors of the modern era. The billionaire founder of SoftBank has an insatiable appetite for new ideas and bold bets that have d