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ATHER FUTURE PLANS
Ather board to consider fresh fundraise on June 12The fundraising could be undertaken through routes including a qualified institutional placement (QIP), a rights issue or other permissible...- Iran war effect: Leading EV two-wheeler makers accelerate expansion amid petrol price worriesMajor electric scooter companies are rapidly increasing production capacity. This expansion aims to meet a surge in demand for eco-friendly...
- Ather Energy lists losses since inception, negative cash flows as key risks to IPOAccording to the RHP, the electric two-wheeler maker could continue to incur operating losses as it invests in expanding manufacturing capa...
- IPO-starved investors pin hopes on Ather Energy for listing gains. Will softer GMP play dampener?India's IPO market, facing a slowdown in 2025, anticipates a revival with Ather Energy's upcoming IPO on April 28, aiming to raise ₹3,000 c...
- Promoters, early backers of Ather Energy eye strong gains through IPOSeveral shareholders who had earlier planned to sell their stakes in Ather have decided to retain a larger portion of their holdings, encou...
- IPO-bound Ather Energy responds after backlash over Chapatti in Onam Sadhya: 'no Malayalees were hurt'Ather Energy faced criticism for including chapatti in its Onam Sadhya celebration at its Bengaluru office. The company humorously clarifie...
- Ather enters unicorn lane with $71 million from govt’s NIIFAther Energy has raised Rs 600 crore ($71 million) from National Investment and Infrastructure Fund, boosting its valuation to $1.3 billion...
- Ather Energy FY24 loss widens over 22%, revenue stays flatElectric scooter maker Ather Energy clocked a revenue of Rs 1,789 crore in the fiscal year 2024, a flat figure as compared to a year ago. A...
- Ather Energy converts to public limited company on road to IPOAther's board greenlit the change at its annual general meeting (AGM) last week, and the EV scooter maker will change its name to Ather Ene...
- Indian electric two-wheelers better than global counterparts, says Ather Energy cofounderSwapnil Jain, cofounder of Ather Energy, highlighted India's potential to emerge as a global leader in EV technology and design, attributin...
- Small towns make it big for Ather’s electric two-wheeler salesStarted in 2013, Ather Energy, the fourth largest electric two-wheeler maker, has sold 2.3 lakh units cumulatively. The company sold more e...
- Ather Energy plans to make its third plant operational by next fiscal endThe plant when completed is likely to have an installed production capacity of 10 lakh units per annum taking the total capacity of Ather E...
- Ather Energy hires senior executives to oversee manufacturing, procurementAther Energy has appointed Sanjeev Kumar Singh as the senior vice president of manufacturing and Harendra Saksena as the chief procurement ...
- Ather Energy raises $128 million led by Indian government’s sovereign fund, Hero MotoCorpTarun Mehta, cofounder and CEO of Ather Energy, said that the funding will be used to expand its manufacturing facilities, invest in resear...
- Ather Energy expects to turn profitable by next yearThe company is looking to use its '450 platform' to spin more variants and also enter the mass market electric two-wheeler segment.
- Ather Energy to raise series D funding post JulyThe company has so far raised about $100 million (Rs 714 crore) through equity with Hero MotoCorp being its largest investor with a 31% sta...
- With $51m raised, Ather plans new Scooter plant and charging infraAther Energy had previously raised $63 million over four rounds from Flipkart cofounders Sachin Bansal and Binny Bansal and Hero MotoCorp a...
- Ather Energy raises $51 million led by Sachin Bansal, plans 1 million unit factorySachin Bansal, Flipkart co-founder and a board in Ather Energy said, the traditional auto industry is up for a redefinition.
- We will build bigger e-vehicles some day: Tarun Mehta, CEO, Ather EnergyAther Energy’s CEO Tarun Mehta speaks about how Ather aims to be more than just a scooter company and about building bikes and even bigger ...
- Ather Energy launches smart electric scooter S340Ather Energy's smart scooter, which claims a top speed of 72 kmph, has a touchscreen dashboard with built-in navigation.
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