Hero MotoCorp Acquires 2.2% Stake in Ather Energy.
Hero MotoCorp will purchase the additional shareholding from an undisclosed existing investor.
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Giggity
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Mayank Kumar
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Will Zepto take over D-Mart?
What do you guys think?
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Mahendra Lochhab
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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.
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
"Ather energy is losing it's energy"
Hero moto corp acquired another 2% in AE now total combined 42% stack on AE.
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Vaibhav Babruwan Shingde
Studentย โขย 12m
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.
