Feed Post

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

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

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

Top News of the Day: 1. Ola Electric shares extend listing-day gains; jump 20% 2. Indian drone technology company Garuda Aerospace is expanding into the Sri Lankan market 3. Amazon India has announced a strategic partnership with Gentari, an elec

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

Top News of the Week: 1. Funding: - 25 Indian startups raised around $432 million in funding. These deals count 6 growth-stage deals and 16 early-stage deals while 3 early-stage startups kept their transaction details undisclosed. - On a weekly b

I've always been a fan of Ather Energy. The quality of technology and engineering behind the product blows me away. Not many know - they were basically pioneers in developing EV battery technology and charging standards in India(especially early o

Top News Of the Day: 1. WeWork plans to sell 27% stake in Indian arm for Rs 1,200 Cr 2. Indian electric two-wheeler manufacturer, Ather Energy, is reportedly in the final stages of securing $75-$90 million in primary funding from its existing inves

Top News of the Day: 1. Zomato collected Rs 83 cr in platform fee from customers till March 2. Zetwerk, a contract manufacturing unicorn, has partnered with Smile Electronics to set up three advanced IT hardware production factories in India. 3. I

Top News of the Week: 1. Funding: - Indian startups cumulatively raised $217.84 Mn via 31 deals, a 273% increase from last week's $58.36 Mn raised across 16 deals - With top fundraising like TechnoSport and Libas bagging $25 Mn and $18 Mn respecti