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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Mahendra Lochhab
Content creator • 5m
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.
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Aryan patil
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Monkey Ads • 1y
"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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Piyu
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🚨 Ather IPO Alert 🛵
➡️Raised ₹1,340 Cr from anchor investors (SBI, ADIA, Franklin, Morgan Stanley)
➡️Hero MotoCorp is the biggest shareholder (~38%)
➡️FY24: ₹1,753 Cr revenue, ₹1,062 Cr loss
➡️Valued at ~$1.44B
EV wave is going public — are you w
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Swayam Chatterjee
Boring person • 1y
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
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EVINDIA
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May 2025 2W EV Sales: TVS Leads, Ola Slips to 3rd Spot
India’s electric scooter market saw a significant shift in May 2025. TVS Motor Company secured the top position with 24,563 units sold, while Bajaj Auto climbed to second with 21,777 units. Surp
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gray man
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Electric commercial vehicle manufacturer Euler Motors has successfully raised INR 638 Cr (approximately $75 Mn) in its Series D funding round. The round was led by Hero MotoCorp, with existing investor British International Investment also participat
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Mridul Das
Introvert! • 2m
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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TVS Tops, Ola Slips – May 2025 2W EV Sales now with Telangana data included
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India’s electric two-wheeler market continues to evolve, and the May 2025 sales numbers now with Telangana data included offer a clearer view of how key players are perfo