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
How Meghana Biryani is bigger than most startups in Bangalore?
Let us look at how. 👇
i) Outlets - 11 (All prime locations like Indiranagar, Koramangala, etc)
ii) Seats/outlet - 120
iii) Table turns daily - 10
iv) Daily Customers served in 1 outlet
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
See More
5 replies2 likes
Somen's 8D world
Hey I am on Medial • 9m
Paytm Replied
Hello, We have achieved an operational revenue milestone of Rs 9,978 Cr & recorded full-year EBITDA before ESOP profit of Rs 559 Cr in FY24. We are already witnessing:
Payment GMV come back in April & May
Subscription merchant additi
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
See More
0 replies1 like
Harsh Dwivedi
•
Medial • 7m
Top News of Today (12th August 2024):
1) Wealth-tech startup Centricity to raise Rs. 125 Cr ($15 mn) at Rs. 800 Cr ($100 mn) valuation.
2) MapMyIndia posts Rs 35.8 Cr profits in Q1 FY25.
3) Payment gateway and PoS firm Innoviti closes Series E fundi
Top News of the Day:
1. Ola Electric shares extend listing-day gains; jump 20%
2. Indian drone technology company Garuda Aerospace is expanding into the Sri Lankan market
3. Amazon India has announced a strategic partnership with Gentari, an elec