India
0
3
0
Electric Vehicle, Automotive
Electric Vehicles
Lithium Ion Btys
Electric Vehicles
2013
Arun Vinayak, Swapnil Jain, Tarun Mehta
Active
Series C
Asia-Pacific (APAC)
info@atherenergy.com
For Profit
Ather Energy Pvt. Ltd. is an Indian electric vehicle company founded by Tarun Mehta and Swapnil Jain in 2013. It manufactures two electric scooters - the Ather 450X and the Ather 450 Plus. It has also established electric vehicle charging infrastructure across the country called Ather Grid.
Ather Energy was founded in 2013 by Tarun Mehta and Swapnil Jain. In early 2014, it received ₹4.5 million (US$63,000) from the Technology Development Board under Department of Science and Technology, IIT Madras and Srini V Srinivasan, IIT alumnus and founder of Aerospike.[3] In December 2014, Flipkart founders, Sachin Bansal and Binny Bansal invested $1 million as the seed capital.[4] Sachin Bansal and Binny Bansal expressed a positive sentiment towards the company and showed inclination towards energy-efficient vehicles. In May 2015, it received $12 million from Tiger Global for investments in development, testing, production and the launch of the vehicle.[5]
1.12 Lakh
3 Lakh
74,880
79,277
1 Lakh