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Recently Funded|Amount: USD 7.0M|Industry: Motor Vehicle Manufacturing

Bright Future Ahead: Ather Energy Secures $7 Million in Funding for Electric Mobility Innovation

Ather Energy

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1,001-5,000 employees employees (Est.)
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Ather Energy, the trailblazer in India’s electric mobility sector, has successfully raised $7 million in its latest funding round, a significant boost as it continues to revolutionize personal transportation in the country. Founded in 2013 by Tarun Mehta and Swapnil Jain, Ather Energy has consistently challenged the norms of traditional automotive engineering, positioning itself as a leading force against the established Internal Combustion Engine (ICE) technology. With this new capital, the company aims to scale production of its innovative electric scooters, such as the Ather 450X and Ather 450S, and expand its charging infrastructure across India. The funding will also support the development of new features and enhancements for its smart and connected vehicles, combining cutting-edge hardware and user-centric software. Ather Energy’s commitment to sustainability is evident through its comprehensive ecosystem that includes public and private charging stations, accessories, and tailored ownership plans – all built on the principles of clean design and engineering. This funding round is another step in Ather’s mission to lead the charge in sustainable mobility, paving the way for a greener future by promoting electric vehicles that are not just eco-friendly, but also technologically advanced. As Ather Energy continues to grow and innovate, it remains dedicated to creating a widespread network of electrification in India, empowering consumers to embrace electric mobility with confidence and style.
July 28, 2024

Buying Signals & Intent

Our AI suggests Ather Energy may be interested in solutions related to:

  • Electric Vehicles
  • Charging Infrastructure
  • Motor Accessories
  • Smart Helmets
  • Eco-friendly Transportation Solutions

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