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Ather Energy

Description

Manufacturer of next generation electric two wheeler designed to develop a electric vehicle with modern features. The company's electric two wheeler is powered by a lithium ion battery pack with integrated digital battery management system, enabling consumers to use a safer and cleaner mode of transportation.

2013

Founded

PRIVATE

Status

51-200

Employees

Series B

Latest Deal Type

$31M

Latest Deal Amount

$44M

Total Amount Raised

Description

Manufacturer of next generation electric two wheeler designed to develop a electric vehicle with modern features. The company's electric two wheeler is powered by a lithium ion battery pack with integrated digital battery management system, enabling consumers to use a safer and cleaner mode of transportation.

Website:

www.atherenergy.com

Ownership Status

Privately Held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Automotive

Primary Office

Number 1, Victoria Road Extension Victoria Layout, 6th Cross Bangalore, Karnataka 560047India +91 (0)80 4664 7400
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Ather Energy Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Ather Energy Investors (8)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Binny BansalAngel (individual)Minority000 0000000 0000
Government of India's Technology Development BoardGovernmentMinority000 0000000 0000
Hero MotoCorpCorporationMinority000 0000000 0000
IIT Madras Incubation CellAccelerator/Incubator000 0000000 0000
Raju VenkatramanAngel (individual)Minority000 0000000 0000
Binny Bansal Angel (individual)
Government of India's Technology Development Board Government
Hero MotoCorp Corporation
IIT Madras Incubation Cell Accelerator/Incubator
Raju Venkatraman Angel (individual)

Ather Energy Executive Team (6)

NameTitleBoard
Seat
Contact
Info
Tarun MehtaCo-Founder & Chief Executive Officer
Venkatesh PadmanabhanChief Operating Officer
Swapnil JainChief Technology Officer & Co-Founder
Nilay ChandraGeneral Manager
Arun VinayakFounding Partner & Chief Product Officer
Tarun Mehta Co-Founder & Chief Executive Officer
Venkatesh Padmanabhan Chief Operating Officer
Swapnil Jain Chief Technology Officer & Co-Founder
Nilay Chandra General Manager
Arun Vinayak Founding Partner & Chief Product Officer
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