Ather Energy

About

Ather Energy operates as a manufacturer of electric scooters.

Bangalore,Karnataka,India
1001 - 5000
http://www.atherenergy.com

Highlights

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