Ather Energy

• Ather Energy has filed for an IPO, aiming to raise about ₹3,100 crores through fresh shares and offers for sale.
• In FY24, Ather reported revenues of ₹1,700 crores but faced losses of ₹1,000 crores, partly due to reduced FAME subsidie...

• Honda Motorcycle & Scooter India (HMSI) plans to launch its first electric vehicle, the Activa Electric, by the end of this fiscal year.
• The new EV will feature advanced technology like a touchscreen infotainment unit, connected feat...

• Ather Energy is preparing for its IPO, with Hero MotoCorp retaining its shares while founders and investors plan to sell.
• The IPO will include a fresh issue of shares worth Rs 3,100 crore and an offer for sale of up to 2.2 crore equi...

• The Competition Commission of India (CCI) has approved the National Investment and Infrastructure Fund's (NIIF) proposal to buy more shares in Ather Energy.
• The deal was approved under the green channel route, a fast-track approval p...

• Ather Energy is planning to file its draft red herring prospectus (DRHP) with SEBI next week for an INR 4,500 Cr IPO, targeting a valuation of around $2.5 Bn.
• This move follows Ola Electric's public debut, which raised over INR 6,145...

• Ather Energy, an electric two-wheeler manufacturer, secured $71 Mn (INR 600 Cr) from National Investment and Infrastructure Fund (NIIF), valuing the company at $1.3 Bn post-money.
• NIIF was an investor in Ather's Series E round, which...

• Ather Energy, the e-scooter manufacturer, saw its losses increase by 23% to Rs 1,059 crore ($128 million) in FY24, up from Rs 864 crore ($104 million) the previous year. Revenue rose slightly to Rs 1,789.10 crore ($215 million) from Rs...

• Google Maps is rolling out an AI model to help drivers navigate narrow roads and flyovers in India, using satellite imagery and Street View data to estimate road width and other factors.
• The app will now allow users to book local tra...

• Ola Electric, led by Bhavish Aggarwal and backed by Softbank, is preparing to launch its IPO in the first half of August.
• This IPO will be the first by an Indian EV two-wheeler maker, marking a significant milestone for India's auto...

Shreepad here, having more than 15 years with various brands such as Google, IKEA, Ather Energy, HUL, White Owl as Brand Marketing professional and had a successful exit in my previous startup in healthcare, now I have started Martech co...