Ather Energy operates as a manufacturer of electric scooters.
Ather Energy is a manufacturer of electric scooters and an electric vehicle charging network called AtherGrid. It focuses on building a complete ecosystem for India’s electric vehicles which are powered by indigenous design and all locally manufactured.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Oct 18, 2022 | Series E | ₹4B | 2 | Caladium Investments | — | Detail |
Sep 29, 2022 | Debt Financing | ₹500M | 1 | InnoVen Capital | — | Detail |
May 12, 2022 | Series E | $128M | 2 | NIIF | — | Detail |
Jan 14, 2022 | Series D | ₹4.20B | 1 | HeroMotoCorp Ltd | — | Detail |
Jul 24, 2020 | Series C | $11.21M | 1 | HeroMotoCorp Ltd | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Caladium Investments | Yes | Series E |
InnoVen Capital | Yes | Debt Financing |
NIIF | Yes | Series E |
Sachin Bansal | Yes | Series C |
Tiger Global Management | Yes | Series A |
Herald Ventures | — | Series E |
HeroMotoCorp Ltd | — | Series E |
Binny Bansal | — | Seed |
Technology Development Board, Government of India | — | Seed |