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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.

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Investment

Ather Energy to setup new EV manufacturing facility in Hosur

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 […]