Ather Energy has secured $71 million in funding from NIIF, marking its entry into the unicorn club with a post-money valuation of $1.3 billion. This investment comes as the company aims to enhance its market position in the electric scooter industry.

National Investment And Infrastructure Fund (Niif)

Ather Energy was started in 2013 by Tarun Mehta and Swapnil Jain, two engineering graduates straight out of college with the audacity to dream and challenge the well-established Internal Combustion Engine (ICE) and replace it with an electric drive. 


https://www.atherenergy.com/

Manufacturing

Bengaluru

Ather Energy

Ather Energy raised $71 million from National Investment and Infrastructure Fund (NIIF), achieving a valuation of $1.3 billion to expand its electric scooter production.

Ather Energy raised $71 million from National Investment and Infrastructure Fund (NIIF), achieving a valuation of $1.3 billion to expand its electric scooter production.

Investors

Description

Company Information

Related People

Funding Insights

Ather Energy raised $71 million from National Investment and Infrastructure Fund (NIIF), achieving a valuation of $1.3 billion to expand its electric scooter production.

Investors

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Related People

Funding Insights

Company Information