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.
Now that's great!!
PhysicsWallah shortlists 4 i-banks for $400- $500 million IPO in 2025.
Report => Moneycontrol
=> Set to become the first edtech unicorn to list on the stock exchange with profitability
=> It anticipates reaching Rs 2,000 Cr rev
Most important financial news of this week related to Indian Economy.
¶° India’s fiscal deficit for April-May stood at Rs 50,615 crore or 3% of the total estimated fiscal deficit for the entire financial year.
¶° India’s infrastructure output ros
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
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
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Aditya Arora
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Faad Network • 1m
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NTPC Green Energy IPO:
NTPC Green Energy, a subsidiary of NTPC, plans to raise Rs. 10,000 Crores by issuing 92.59 crore fresh shares in its IPO. The price band for shares is set between Rs. 102 to Rs. 108, with the subscription period running
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Somen's 8D world
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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