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
Stealth • 19d
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 • 7m
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
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 • 2m
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 replies9 likes
Harsh Dwivedi
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Medial • 7m
Top News Of the Day:
1. HSBC does not see any value in BYJU's stake due to ongoing legal cases and funding challenges, which once was worth $500 Mn
2. HSBC has revised its valuation estimate for several Indian startups, including B2B ecommerce plat
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4 replies28 likes
Inactive
Stealth • 8m
Flipkart: $350 million equity funding from Google
Atlan: $105 million Series C round
NephroPlus: $102 million Series F round
TechnoSport: $21 million Series A round
Libas: $18 million Series A round
Annapurna Finance: $21 million Series A round
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0 replies6 likes
Havish Gupta
Stealth • 9m
In 2022, Tesla's alone market cap was more than the next ten car companies combined, while Tesla sold only ~1% of the total cars in the world.
So, how did Tesla become so valuable?
Firstly because of the hype and it's future plans and secondly due