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 • 4m
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 • 11m
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! • 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
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2 replies14 likes
Inactive
AprameyaAI • 9m
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
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