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Ather Energy

company

About

Ather Energy operates as a manufacturer of electric scooters.

Details

Last Funding Type
Series E
Last Funding Money Raised
₹4B
Industries
Clean Energy,Electric Vehicle,Manufacturing,Transportation
Founded date
Jan 1, 2013
Number Of Employee
1001 - 5000
Operating Status
Active
Legal Name
Ather Energy Private Limited

Ather Energy is a manufacturer of electric scooters and an electric vehicle charging network called AtherGrid. It focuses on building a complete ecosystem for India’s electric vehicles which are powered by indigenous design and all locally manufactured.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
9
₹8.70B $230.21M
Ather Energy has raised a total of ₹8.70B $230.21M in funding over 2 rounds. Their latest funding was raised on Oct 18, 2022 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 18, 2022 Series E ₹4B 2 Caladium Investments Detail
Sep 29, 2022 Debt Financing ₹500M 1 InnoVen Capital Detail
May 12, 2022 Series E $128M 2 NIIF Detail
Jan 14, 2022 Series D ₹4.20B 1 HeroMotoCorp Ltd Detail
Jul 24, 2020 Series C $11.21M 1 HeroMotoCorp Ltd Detail

Investors

Number of Lead Investors
Number of Investors
8
9
Ather Energy is funded by 9 investors. Caladium Investments and InnoVen Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Caladium Investments Yes Series E
InnoVen Capital Yes Debt Financing
NIIF Yes Series E
Sachin Bansal Yes Series C
Tiger Global Management Yes Series A
Herald Ventures Series E
HeroMotoCorp Ltd Series E
Binny Bansal Seed
Technology Development Board, Government of India Seed

Employee Profiles

Number of Employee Profiles
8
Ather Energy has 8 current employee profiles, including Executive Tarun Mehta
Executive
Executive
Executive
Executive
Executive