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Ashu Singh

Stealth • 4m

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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Mahendra Lochhab

Stealth • 8d

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.

2 replies22 likes

Inactive

Stealth • 5m

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

0 replies2 likes

Sanskar

Stealth • 5m

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

Mahendra Lochhab

Stealth • 2m

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 replies6 likes

Inactive

Stealth • 7m

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

Stealth • 9m

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

Anonymous

Stealth • 11m

In Bangalore, engineer Tarun Mehta co-founded Ather Energy to revolutionize electric mobility. Overcoming skepticism, they launched the Ather 450 in 2018, India's first smart electric scooter. Facing challenges of manufacturing and scalability, Tarun

3 replies19 likes

Ashish Singh

Stealth • 18d

In 2025, several companies are expected to launch significant IPOs, potentially breaking records in the Indian market. Key players include: -- Reliance Jio: Valued over $100 billion, anticipated to be India's largest IPO. -- Flipkart: Expected to

8 replies15 likes

Bharat Yadav

Stealth • 16d

Reliance Jio is preparing for an IPO in 2025 to raise ₹35,000-40,000 crore, marking one of India's largest public offerings. The Mukesh Ambani-led telecom giant, valued at $120 billion, will feature a mix of new and existing shares. A pre-IPO pla

0 replies4 likes

Ashish Singh

Stealth • 4d

🤯Groww, India's largest retail stockbroker, is preparing for an initial public offering (IPO) within the next 10 to 12 months, targeting a valuation between $6 billion and $8 billion. This would mark a significant milestone as it would be the first