Latest news

'Ponniyin Selvan': Aishwarya Rai Bachchan looks magnificent as Nandini in Mani Ratnam's film poster

'Ponniyin Selvan': Aishwarya Rai Bachchan looks magnificent as Nandini in Mani Ratnam's film poster

Palestinian rivals President Abbas, Hamas chief hold rare meet in Algeria

Palestinian rivals President Abbas, Hamas chief hold rare meet in Algeria

Ben Stokes feels that players like Rishabh Pant will save Test cricket from dying out

Ben Stokes feels that players like Rishabh Pant will save Test cricket from dying out

OnePlus could make Nord an independent brand

OnePlus could make Nord an independent brand

Reno 8 Pro to be the sleekest phone from Oppo

Reno 8 Pro to be the sleekest phone from Oppo

Ather Energy Raises $128 Million In A Fresh Round Of Funding

Bengaluru-based Ather Energy has announced that the company raised $128 million or about Rs. 992 crore in the latest Series E round of funding. The latest investment round was led by National Investment and Infrastructure Fund Limited's Strategic Opportunities Fund, along with Hero MotoCorp, one of the early investors in the electric two-wheeler maker. Hero MotoCorp already has a 34 per cent stake in Ather Energy. Ather says the funding will be used to expand its manufacturing facilities, invest in research and development, charging infrastructure and grow its retail network. Ather is in the process of opening its second manufacturing facility, while the company also plans to introduce two new variants of the 450X later this year. Ather is also aiming to begin exports from its facility and plans to establish 150 outlets in 100 cities by 2023 across India.

Up Next

Ather Energy Raises $128 Million In A Fresh Round Of Funding

Ather Energy Raises $128 Million In A Fresh Round Of Funding

Audi Celebrates 15 Years In India

Audi Celebrates 15 Years In India

Hyundai Venue Facelift Revealed

Hyundai Venue Facelift Revealed

Hero MotoCorp’s Vida Electric Brand Delayed

Hero MotoCorp’s Vida Electric Brand Delayed

New-Gen Mercedes-Benz GLC Unveiled

New-Gen Mercedes-Benz GLC Unveiled

BMW iX1 Electric SUV Makes Global Debut

BMW iX1 Electric SUV Makes Global Debut

More videos

Kia EV6 Electric Crossover Launched

Kia EV6 Electric Crossover Launched

Next-Gen Maruti Suzuki Vitara Brezza Launch On June 29

Next-Gen Maruti Suzuki Vitara Brezza Launch On June 29

Mahindra XUV700 Has Pending 78,000 Orders

Mahindra XUV700 Has Pending 78,000 Orders

Hyundai Venue Facelift Launch On June 16

Hyundai Venue Facelift Launch On June 16

Mahindra eXUV300 Launch Details Out

Mahindra eXUV300 Launch Details Out

Tata Motors Signs MoU With Gujarat Government

Tata Motors Signs MoU With Gujarat Government

Ola S1 Pro Prices Hiked By Rs. 10,000

Ola S1 Pro Prices Hiked By Rs. 10,000

Hyundai Venue Subcompact SUV Sales Cross 3 Lakh Mark

Hyundai Venue Subcompact SUV Sales Cross 3 Lakh Mark

Keeway Sixties 300i & Vieste 300 Launched In India

Keeway Sixties 300i & Vieste 300 Launched In India

KIA EV6 Electric Crossover Bookings Begin In India

KIA EV6 Electric Crossover Bookings Begin In India

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.