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 creator • 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 🤯📈💲
Today I saw various Ather Energy Scooters like 450 Plus and 450X and decided to make on Ather Energy 📈🤯🚀.
Introduction:
• Ather Energy, established in 2013 in Bangalore, India, specializes in electric scooters.
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41 replies21 likes
Jayant Mundhra
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Dexter Capital Advisors • 10m
What next for Ather? A Hero subsidiary status? 😅😅
With the latest development, that has never been more likely.
Let's dive in!
..
Whenever Ather Energy’s in need of more money, Hero pounces in.
-> This was evident in the Sep rights issue where
China’s BYD Energy Storage has signed a deal with Saudi Electricity Company (SEC) for the world’s largest grid-scale energy storage project.
The 12.5 GWh project, combined with a previously delivered 2.6 GWh system, brings the total capacity to 15.1
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1 replies7 likes
Mridul Das
Introvert! • 19d
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
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2 replies14 likes
Inactive
AprameyaAI • 8m
Funding Winter ?
Indian startups raised a total of $395.63 million across 20 deals from August 12 to 17, marking a 250% increase from the previous week.
Key highlights include:
OYO secured $175 million in a down round, reducing its valuation to
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0 replies2 likes
Vishu Bheda
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Medial • 4m
After losing his $180 Million PayPal fortune...
Elon was 3 weeks from bankruptcy.
Then, he bet his last $6 Million on his cousin's dying startup.
Here's how a family meeting saved him:
In 2008, everything seemed lost for Elon Musk.
SpaceX had
Startup's funding and aquisition news:
• Everstone Capital: Acquired a majority stake in Wingify, a SaaS firm, for $200 million
• Ather Energy: Introduced a multi-language dashboard
• DPIIT: Signed a pact with Apna to boost startup talent
• W
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5 replies10 likes
Mohd Rihan
Student • 2m
Sam Altman started coding at the age of 8.
Born in 1985, Chicago, attended John Burroughs School and later to Stanford Univ, dropped out in 2005. Continued to pursue his passion for tech and entrepreneurship, founded Loopt (location based social netw