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.
Hero MotoCorp Acquires 2.2% Stake in Ather Energy.
Hero MotoCorp will purchase the additional shareholding from an undisclosed existing investor.
0 replies2 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.
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41 replies21 likes
Jayant Mundhra
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Dexter Capital Advisors • 7m
What next for Ather? A Hero subsidiary status? 😅😅
With the latest development, that has never been more likely.
Let's dive in!
..
Whenever Ather Energy’s in need of more money, Hero pounces in.
-> This was evident in the Sep rights issue where
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.
6 replies7 likes
Inactive
Stealth • 4m
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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0 replies2 likes
Swayam Chatterjee
Stealth • 7m
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
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6 replies14 likes
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 inc
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0 replies1 like
Inactive
Stealth • 6m
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
Bengaluru-based Ola Electric Mobility has set a price band of Rs 72-76 per share for its IPO, which will open for subscription on Friday, August 2.
This values the company at Rs 33,522 crore or $4 billion, marking a 30% decrease from its December 2
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0 replies5 likes
Rajit Roy
Stealth • 7d
Hi guys , I'm Rajit from Kolkata .
I have an idea of a electric bike that would charge itself on its way by a dynamo attached to its wheel that would create less electric usage and save electricity for a better world and also save time for charging