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Corporate

Ather Energy collaborates with Salesforce to transform consumer experiences

Salesforce, the global CRM leader, has announced its collaboration with Ather Energy, India’s leading electric scooter manufacturer, to create a single source of truth for customers and retail partners. Ather will deploy Salesforce’s CRM to power its sales and service management capabilities as it expands its retail footprint across the country to cater to the […]

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Investment

Hero MotoCorp invests Rs 420cr in Ather Energy

Hero MotoCorp announced a new investment of up to Rs. 420 Crore in Ather Energy, an Indian electric mobility firm that designs, manufactures, and sells high-performance smart electric scooters. The company’s board has approved the investment in one or more tranches. Prior to the proposed investment, Hero MotoCorp’s shareholding in Ather Energy was 34.8% (on a […]

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Investment

Bengaluru-based Ather Energy raises $35 mn in Series D funding led by Sachin Bansal

Ather Energy, an electric scooter manufacturer, announced it has raised $35 million in Series D funding round led by Sachin Bansal. The round also saw participation of Hero MotoCorp, who invested $12 million as a part of the Series D funding round. Till now, Sachin Bansal has invested $53 million in the startup. Founded in […]

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Investment

Ather Energy raises Rs84 cr fresh funding from Hero MotoCorp

Ather Energy, a Bengaluru-based electric vehicle startup, announced that it has raised Rs 84 crore fresh funding from Hero MotoCorp.  The EV startup will utilise the funds to boost expansion. It has plans to expand into 20 cities by the end of next year and set up a new manufacturing plant in Hosur, in Tamil […]

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Executive Movements

E-scooter startup Ather Energy appoints Deepak Jain as its CFO

Ather Energy, a smart electric scooter start-up, has appointed Deepak Jain as the chief financial officer. In 2010, Jain joined Apple India as the CFO and led the finance team during a period of rapid growth for five years.