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Ashu Singh

Hey I am on Medial • 8m

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 increasing demand for electric vehicles in India, the world’s third-largest automotive market. Competing with rival Ola Electric, which recently went public, Ather Energy is seeking a valuation between $1.5 billion and $2 billion, according to sources cited by TechCrunch. The company intends to issue new shares worth $370 million in the IPO, alongside the sale of up to 22 million shares from existing investors.

0 replies1 like

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mg

News & updates • 2m

Ather Energy IPO EV maker ather Energy plans IPO at $1.2 billion (Rs 10,400 cr) valuation, Eyes $400 million (Rs 3487 cr) raise by April

1 replies15 likes

Mahendra Lochhab

Content creator • 4m

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.

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Inactive

AprameyaAI • 9m

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

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Sanskar Chourasia

Searching UI/UX desi... • 9m

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 Fou

1 replies4 likes

EVINDIA

Stay updated with th... • 1d

Ather Energy Surpasses Ola Electric in Revenue — Despite Selling Fewer Units (Q4 FY25) Ather Energy outperformed Ola Electric in Q4 FY25 operating revenue by ₹65 Cr — despite selling 1.5x fewer electric scooters. The numbers reveal an interesting s

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gray man

I'm just a normal gu... • 1m

EV manufacturer Ather Energy is reportedly considering reducing the size of its planned IPO by at least $50 million (approximately INR 430 crore) from its earlier target of $400 million (around INR 3,460 crore), due to continued volatility in both In

0 replies10 likes

Mahendra Lochhab

Content creator • 6m

ELECTRIC 2-WHEELERS MARKET SHARE (As of Oct 2024): Ola Electric: 29.9% TVS Motor: 21.5% Bajaj Auto: 20.3% Ather Energy: 11.5%

3 replies8 likes

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AprameyaAI • 11m

Ulala Olala! Ola Electric, India's leading electric two-wheeler maker, has SEBI's nod for a ₹5,500 crore ($660 million) IPO. Key details: - Fresh issue: ₹5,500 crore; OFS: 95.2 million shares. - Target valuation: $6 billion. - Funds for: cap

0 replies9 likes

Vaibhav Babruwan Shingde

Student • 1y

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.

41 replies21 likes

K

Ph • 1y

Oyo shelves IPO; private funding may cut value by 74%: SoftBank-backed hospitality company Oravel Stays, the parent company of Oyo Hotels and Homes, has withdrawn the draft prospectus filed with the Sebi for its initial public offering (IPO).