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Ather Energy is an electric vehicle company that manufactures electric scooters and has also established one of the fastest electric vehicles charging infrastructure Ather Grid, which was built and designed in India.
Basic Information
Ather Energy is an electric vehicle company that manufactures electric scooters. It has also established one of the fastest electric vehicles charging infrastructure Ather Grid, which was built and designed in India. It manufactures the electric scooter Ather 450X and the Ather 450 Plus. Ather Energy began operations at its brand-new production facility in Hosur, Tamil Nadu, on January 2, 2021, prior to which the facility was located at Whitefield, Bangalore. The new Ather factory has an annual capacity of 1,10,000 scooters and 1,20,000 battery packs. In December 2014, Flipkart founders, Sachin Bansal and Binny Bansal invested $1 million as the seed capital.
Legal Name
:
Ather Energy Private Limited
Headquarters
:
Bangalore, Karnataka, India
Business Model
:
B2C,  B2B2C  
Founding Date
:
Feb 2013
No. of Employees
:
501 to 1000
Core Team
:
1.  
Tarun Mehta
Co-Founder & CEO
2.  
Swapnil Jain
Co-Founder
3.  
Ravneet S. Phokela
Chief Business Officer
Funding
Investors
:
1.  
Sachin Bansal
2.  
Hero MotoCorp
3.  
Tiger Global Management
Detail Round Breakdown
Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
Round 7

$1M

Series Name
:
SEED
Date
:
Dec 2014
Investors
:
1.  
Sachin Bansal
2.  
Binny Bansal