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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 Fou

Well if you compare OLA electric with other EV brands like Ather, then it's leading the market. Comparing OLA with Hero or Indusind bank doesn't make sense since they operate in different genre.

Wow Ola Electric sale rises to 170% from last month where total sale of electric scooter rises 72 % . Feb: 8,653 units March: 23,430 units Now Ola has 20% market share Bajaj remains at top with 30% market share. Feb: 21,537 units March: 34,8

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

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

Bajaj & TVS Overtake Ola Electric: A Wake-Up Call for Startups In December 2024, Bajaj & TVS sold over 25,000 EVs, surpassing Ola Electric’s 18,000. Ola, once seen as India’s EV poster child, stumbled with battery issues, weak after-sales support, a

After a muted IPO and listing, EV major Ather Energy ended its first trading session 7.22% below its listing price at INR 302.50 on the BSE. Compared to its IPO price of INR 321, the company’s shares crashed 5.76%. Earlier today, the shares of the E

What Went Wrong with Ola Electric? In 2021, Ola Electric positioned itself as the “Tesla of India.” With over 100,000 orders for the S1 Pro within 24 hours, Bhavish Aggarwal’s vision of a sleek, software-driven scooter ecosystem looked like the fut

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

Legacy automaker TVS Motor and Bhavish Aggarwal-led Ola Electric have emerged as the top two players in India’s fast-growing electric two-wheeler (E2W) market for April, overtaking Bajaj Auto in total registrations. According to Vahan data as of May