Back

Hero MotoCorp Acquires 2.2% Stake in Ather Energy. Hero MotoCorp will purchase the additional shareholding from an undisclosed existing investor.

Hero MotoCorp consistently holds the largest market share in the Indian two-wheeler industry.

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.

🚨 Ather IPO Alert 🛵 ➡️Raised ₹1,340 Cr from anchor investors (SBI, ADIA, Franklin, Morgan Stanley) ➡️Hero MotoCorp is the biggest shareholder (~38%) ➡️FY24: ₹1,753 Cr revenue, ₹1,062 Cr loss ➡️Valued at ~$1.44B EV wave is going public — are you w

Jaguar Land Rover has canceled its plans to manufacture electric vehicles at Tata Motors' newly proposed $1 billion plant in Tamil Nadu, India. The decision comes as the company struggles to strike a balance between cost and quality in locally sour

Edelweiss and Hero Fincorp will also participate in the $250 million round, where shares of Zepto will potentially change hands and going from foreign investors to domestic ones.

Top news of the day: 1. Zordo Technologies has acquired FareArena, a cheap flight booking website, to enhance its travel solutions 2. growX Ventures, an early-stage venture capital firm, has made a partial exit from the space technology company Pix

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.

Ola Electric investors, how are you all? As soon as the lock-in period ended, the company’s share price dropped. To justify a valuation of ₹39,000 crore, at least ₹3,000 crore in revenue and a profit of ₹50 crore or ₹100 crore will be needed. Then, m

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