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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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Dexter Capital AdvisorsĀ ā¢Ā 1y
What next for Ather? A Hero subsidiary status? š š With the latest development, that has never been more likely. Let's dive in! .. Whenever Ather Energyās in need of more money, Hero pounces in. -> This was evident in the Sep rights issue where
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Let's Decode Ather Energy š¤Æšš² Today I saw various Ather Energy Scooters like 450 Plus and 450X and decided to make on Ather Energy šš¤Æš. Introduction: ⢠Ather Energy, established in 2013 in Bangalore, India, specializes in electric scooters.
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šØ Ather IPO Alert šµ ā”ļøRaised ā¹1,340 Cr from anchor investors (SBI, ADIA, Franklin, Morgan Stanley) ā”ļøHero MotoCorp is the biggest shareholder (~38%) ā”ļøFY24: ā¹1,753 Cr revenue, ā¹1,062 Cr loss ā”ļøValued at ~$1.44B EV wave is going public ā are you w
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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 EVsā poor performance and de
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May 2025 2W EV Sales: TVS Leads, Ola Slips to 3rd Spot Indiaās 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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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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MedialĀ ā¢Ā 1y
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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