Last updated: Nov 27, 2024
- Brand NameAther Energy
- HeadquarterBengaluru
- No. of Employees2685
- Industry
Automotive Tech
- Founded Year 2013
- Company StatusActive
- Highlights
- Total Funding₹4871.61 Cr
- Funding Rounds21
- FY 2023-24 Revenue₹1789.10 Cr
- FY 2023-24 Loss-₹1059.70 Cr
About Ather Energy
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 replacing it with an electric drive. Ather is one of the few start-ups in India, specific.....
Business Model of Ather Energy
Ather Energy is an electric scooter maker which manufactures Ather 450X models and retails them across major cities in the country. It emerged as the market leaders among Indian startups (in EV space) in terms of revenue growth in the past few years.
Key People/Management
Show allTM
Tarun Mehta Co-Founder & CEO
SJ
Swapnil Jain Co-Founder
TS
Tarun Sanjay Mehta Director
SB
Swapnil Babanlal Jain Director
NK
Niranjan Kumar Gupta Director
RK
Ram Kuppuswamy Director
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Latest News
- Ather Energy files for Rs 3,100-crore IPO: key points to knowSep 8, 2024
- Ather Energy plans to file for Rs 4,000-crore IPO at $2 bn valuationSep 5, 2024
- Ather Energy, Google collaborate to give real-time information on 2-wheeler fast charging stationsAug 28, 2024
- Ather enters unicorn lane with $71 million from govt’s NIIFAug 13, 2024
- Ather Energy to sign long-term battery supply contract with Amara RajaJul 31, 2024
- Ather Energy FY24 loss widens over 22%, revenue stays flatJul 26, 2024
- Ather Energy aims to raise market share with foray into family scooter segmentJul 5, 2024
- Ather Energy’s new plant to come up in Maharashtra, confirms cofounder Swapnil Jain on XJun 26, 2024
- Ather Energy converts to public limited company on road to IPOJun 24, 2024
- Ather Energy plans to build third plant in Maharashtras Aurangabad: ReportJun 13, 2024