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Ather Energy

Mobility · Bengaluru, IN

Electric two-wheeler manufacturer with its own charging infrastructure.

Funding history

DateRoundAmount
Aug 2024Growth
EV two-wheeler maker Ather Energy raised INR 600 Cr (~$71M) from existing investor NIIF at a $1.3B valuation, entering the unicorn club.
$71M
Jul 2024Debt
EV maker Ather Energy raised INR 60 Cr (~$7.1M) debt via NCDs from InnoVen Capital.
$7.1M
Sep 2023Series D Plus
Ather Energy raised INR 900 Cr (~$108M) from Hero MotoCorp and GIC via a rights issue (Series E2).
$108M
Sep 2023Growth
Indian EV maker Ather Energy raised 108M dollars from Hero MotoCorp and GIC via a rights issue.
$108M
Oct 2022Series D Plus
EV two-wheeler maker Ather Energy raised $50M (INR 400.6 Cr) in a round led by existing investor Caladium Investment.
$50M
Jan 2022Series D Plus
EV maker Ather Energy received board approval for a further INR 420 Cr investment from Hero MotoCorp, increasing the auto giant's stake.
$56M
Nov 2020Series D Plus
Social ecommerce startup CityMall raised $3 Mn in a seed round led by Elevation Capital, with Waterbridge Ventures.
$35M
Jul 2020Series D Plus
Ather Energy raised $11 Mn.
$11M

Investors

Caladium InvestmentElevation CapitalGICHerald Square VenturesHero MotoCorpInnoVen CapitalNIIFSachin Bansal

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