Ather Energy

Ather Energy is an electric vehicle company, designing and building intelligent electric scooters.

Ather Energy manufactures the electric scooter Ather 450 and the Ather 450X.

Ather Energy was founded in 2013 by Tarun Mehta and Swapnil Jain. The company is headquartered in Bangalore, Karnataka, India.

 

Ather is one of the few start-ups in India, specifically within the automotive industry, to have products & services that are an amalgamation of clean design & engineering - Hardware & Software.

 

Ather's product offerings include the Ather 450X & Ather 450 Plus, Public & private charging Infrastructure, and innovative ownership plans. They are also building a complete ecosystem for India’s electric vehicles - powered by indigenous design and all locally manufactured.

 

Ather Energy is backed by Hero MotoCorp, NIIF, Sachin Bansal, Binny Bansal, Tiger Global, InnoVen Capital, and others. The company raised $128M in a new round on May 12, 2022. This brings Ather's total funding to $286.8M to date. The latest round valued the company at a nearly $1B post-money.

 

 

  • Year founded: 2013
  • Funding Info: $286.8M over 10 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: NA
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at approx. $1B as of May 12, 2022
  • City/Town: Bangalore
  • State: Karnataka
  • Country: India
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