Hero MotoCorp Acquires 2.2% Stake in Ather Energy.
Hero MotoCorp will purchase the additional shareholding from an undisclosed existing investor.
0 replies2 likes
More like this
Recommendations from Medial
Mahendra Lochhab
Stealth • 8d
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? 😅😅
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
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.
See More
41 replies21 likes
Aryan patil
•
Monkey Ads • 7m
"Ather energy is losing it's energy"
Hero moto corp acquired another 2% in AE now total combined 42% stack on AE.
8 replies9 likes
Swayam Chatterjee
Stealth • 7m
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
6 replies14 likes
Harsh Dwivedi
•
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
See More
4 replies28 likes
Ashu Singh
Stealth • 4m
Indian electric scooter manufacturer Ather Energy is aiming to raise approximately $530 million through its initial public offering (IPO), as outlined in its draft prospectus filed on Monday. The Bengaluru-based startup plans to capitalize on the inc
See More
0 replies1 like
Ashish Singh
Stealth • 18d
In 2025, several companies are expected to launch significant IPOs, potentially breaking records in the Indian market. Key players include:
-- Reliance Jio: Valued over $100 billion, anticipated to be India's largest IPO.
-- Flipkart: Expected to
Top News of the Week:
1. Funding:
- On a weekly basis, startup funding barely increased 3.9% to $402.34 million as compared to around $387.23 million raised during the previous week.
- 17 Indian startups raised around $402.34 million in funding th
Top News of the Day:
1. After a crackdown on peer-to-peer (P2P) lending by the Reserve Bank of India (RBI), MobiKwik’s Xtra investors are facing troubles with withdrawals.
2. Porter reports Rs 2,734 Cr revenue in FY24; losses dip 45%
3. DirecTV fi
/entrackr/media/media_files/2025/01/16/g71fVs89xwPMbxsUi042.png)
