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…
Tag: Tarun Mehta
Ather Energy raises Rs84 cr fresh funding from Hero MotoCorp
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•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…
E-scooter startup Ather Energy appoints Deepak Jain as its CFO
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•Ather Energy to setup new EV manufacturing facility in Hosur
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•Bangalore-based electric vehicle maker Ather Energy has announced the signing of MoU with the Tamil Nadu government for a 400,000 sq.ft. manufacturing facility. The MoU was signed at the Investment and Skill Development Conclave in Chennai. The new facility will be located in Hosur, Tamil Nadu. The electric vehicle maker has stated this move as…