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. See more

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. See more

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

$1M

Series Name

:

SEED

Date

:

Dec 2014

Investors

:
1.

Sachin Bansal

2.

Binny Bansal