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Unicorn Alert! Ather Energy, an Indian electric scooter manufacturer, is now the 4th Unicorn of 2024. After raising $71 million in a funding round led by National Investment and Infrastructure Fund (NIIF) pushing their valuation to $1.3 billion Founded in 2013 by IIT Madras graduates Tarun Mehta and Swapnil Jain. Ather has grown to become one of the top EV scooter manufacturer in India selling over 1.73 Lakh scooter so far Rumours say that they can go public in the second half 2024 especially when Ather converted to a public limited company earlier this year which comprises often do before going public After Ola electric's recent IPO success Ather might be eager to take advantage of the already favourable market What do you think about Ather comment down your thoughts
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In 2024, six Indian startups achieved unicorn status, crossing the $1 billion valuation mark: 1. **Krutrim** - India's first AI unicorn, founded in 2023, secured $50 million in January. 2. **Ather Energy** - An electric two-wheeler manufacturer, bec
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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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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
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2024 - saw a surge in India's IPO market with startups like Swiggy, Ola Electric and Blackbuck going public. 13 Startups raisedā ~ā¹29,000 Cr, as per Avendus. Accel's founding partner Mr. Prashanth Prakash predicts another strong year ā 70-100 IP
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6 STARTUPS THAT ENTERED THE UNICORN CLUB IN 2024 š¦ After a quiet 2023, Indiaās startup ecosystem bounced back with a bang in 2024! Here's a look at 6 trailblazing startups that achieved $1B+ valuations this year: š” Unicorns of 2024 1ļøā£ Krutrim ā
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š 2024 In Review: Indiaās Startup Ecosystem Flourishing Despite Challenges š®š³ š¦ Unicorn Club of 2024: Six New Additions This year, six startups crossed the coveted $1 billion valuation mark, bringing India's total unicorn count to 118. Together
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Indiaās Unicorn Club: Hereās The Comprehensive List Of 100+ Unicorns In India In 2013, venture capitalist Aileen Lee introduced the term āunicornā to describe the rarity of startups achieving a valuation of over $1 Bn. A decade later, unicorns in In
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Odysse Electric Reports 43% YoY Sales Growth in May 2025 Mumbai-based EV manufacturer Odysse Electric Vehicles recorded a 42.9% year-on-year growth in May 2025, selling 223 units vs 156 in May 2024. The surge is driven by growing EV demand, network
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INDIA'S IPO BOOM: A JOURNEY THROUGH YEARS! š Indiaās IPO market has been on fire, witnessing a massive surge in companies going public and raising huge funds. Hereās how the IPO trend evolved from 2017 to 2024: š The Highlights 1ļøā£ 2024: The B
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