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...
Ola Electric, known for its e-scooters, has set a price band of Rs 72-76 per share for its IPO, translating to a market cap of $3.8-4 billion, which is 25% lower than its 2023 valuation of $5.4 billion. This drop means late-stage inves...
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...