Ather Energy ListedUnicorn
Ather Energy is a Bengaluru-based Indian electric two-wheeler company that designs, develops and in-house assembles electric scooters, battery packs, charging infrastructure (Ather Grid) and connected vehicle software. Founded in 2013, it listed on the NSE and BSE in May 2025.
Ather Energy: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 28 Apr 2025 | IPO | ₹2,981 Crore | source | |
| 13 Aug 2024 | Venture Round (Unicorn round) | $71 Million | National Investment and Infrastructure Fund (NIIF) | source |
| 1 Oct 2022 | Venture Round | $50 Million | Caladium Investment Pte Ltd (GIC) | source |
| 12 May 2022 | Series E | $128 Million | NIIF Strategic Opportunities Fund Hero MotoCorp | source |
| 1 Nov 2020 | Series D | ₹260 Crore (~$27M) | Sachin Bansal | source |
| 1 May 2019 | Venture Round | $51 Million | Sachin Bansal Hero MotoCorp InnoVen Capital | source |
| 1 Jan 2018 | Venture Round | ₹130 Crore (~$14M) | Hero MotoCorp | source |
| 1 Oct 2016 | Series B | ₹180 Crore (~$19M) | Hero MotoCorp | source |
| 1 Jun 2015 | Series A | $12 Million | Tiger Global Management | source |
| 3 Dec 2014 | Seed | $1 Million | Binny Bansal Sachin Bansal | source |
| 1 Jan 2014 | Seed | ₹4.5 million | IIT Madras Srini V. Srinivasan Technology Development Board | source |
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Who founded Ather Energy?
Ather Energy was founded by Tarun Mehta, Swapnil Jain in 2013.
How much funding has Ather Energy raised?
Ather Energy has raised $373 Mn across 11 tracked funding round(s), most recently on 2025-04-28. Figures are compiled from cited public sources.
Who are the investors in Ather Energy?
Investors in Ather Energy include National Investment and Infrastructure Fund (NIIF), Caladium Investment Pte Ltd (GIC).
What does Ather Energy do?
Ather Energy is a Bengaluru-based Indian electric two-wheeler company that designs, develops and in-house assembles electric scooters, battery packs, charging infrastructure (Ather Grid) and connected vehicle software. Founded in 2013, it listed on the NSE and BSE in May 2025.
Where is Ather Energy headquartered?
Ather Energy is headquartered in Bengaluru, Karnataka, India.
What is Ather Energy's business model?
Ather Energy's core value proposition centers on Tech-enabled, connected scooters, Performance leadership, Charging infrastructure that reduces range anxiety, Direct-to-consumer quality control.
How does Ather Energy make money?
Ather Energy's cited revenue streams include Electric scooter sales, After-sales services and connected-service fees, Accessories and stock-in-trade, Charging network fees.