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Ather Energy

Ather Energy IPO

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Ather Energy IPO date and status

2013
Founded
IPO Mentioned
Confidential Filing
S-1 Filed
IPO

Company details

Ather Energy was founded in 2013 by Swapnil Jain and Tarun Mehta. In December 2033 Fortune India reported, “Ather Energy aims to turn profitable in the next 18-20 months as it looks for an IPO about that time—or earlier.”

Ather Energy is a manufacturer of electric scooters powered by lithium-ion batteries. Per Forge data, Ather Energy raised $450.5M million in funding over 10 rounds. Their latest funding was raised on Sep 4, 2023. Key investors include HeroMotoCorp, Caladium Investments, NIIF, Tiger Global Management, GIC, and InnoVen Capital.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Founded
2013
Headquarters
Bangalore, India
Founder
Tarun Mehta
Forge Price 1
Price not yet available
Market Activity 2
Limited
Last Matched Price
Post-Money Valuation 3
Not available
Total Funding
Not available
Last Funding Round
Not available

Learn more about Ather Energy

To invest in Ather Energy pre-IPO

Can you invest in Ather Energy pre-IPO?

Ather Energy is privately held and not traded on public markets, so pre-IPO investments are available only to accredited investors.

If you’re already accredited and have completed Forge’s verification, you can visit our marketplace to review and invest in private companies ahead of an IPO.

If you haven’t yet completed your accredited investor verification with Forge, you can start that process now to unlock access to new private-company offerings.

For more on who qualifies—and how to get verified—see our blog “Accredited investors, qualified clients and qualified purchasers: Who can invest?

Can you sell shares of Ather Energy before it goes public?

Yes, subject to any contractual or corporate transfer restrictions, it is possible to list your shares to sell while Ather Energy is still private. If you’re considering selling, you can register today for free to get started. Once registered, you can evaluate pricing insights and market activity to inform your decision, then post your shares for sale and set the terms, like quantity and price—all directly through our platform.

If you’d like additional guidance at any point, Forge private market specialists are available to help. For a step-by-step overview, check out our seller’s guide.

What is the pre-IPO value of my Ather Energy shares?

To explore the value of your Ather Energy shares, create a free account to access Forge’s marketplace. Once inside, you’ll find several pricing insights to help guide your decision—these include historical transaction data, a live order book showing current buy and sell interest, and Forge Price™, a derived, indicative price based on recent transactions, investor activity, and other relevant market data.

These insights can help you determine a price you’re comfortable with if you choose to sell your shares. If you’d like additional guidance along the way, Forge private market specialists are available to help. You can also review our seller’s guide for a step-by-step overview.

Is Ather Energy a publicly traded company?

Ather Energy is a private company and not publicly traded.

If you’re interested in buying or selling shares in private companies, you can register with Forge today for free to explore available opportunities. Once registered, you’ll gain access to our marketplace, where you can view active buy and sell interest, evaluate pricing signals and take action directly through the platform.

To learn more about Ather Energy potential IPO

Will Ather Energy go IPO?

Ather Energy has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Ather Energy’s IPO price?

The Ather Energy IPO price does not exist at this time, as Ather Energy is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Ather Energy, register for Forge today.

When was Ather Energy founded?

Ather Energy was founded in 2013.

What is Ather Energy funding to date?

The funding to date for Ather Energy is not currently available.

Ather Energy major investors

Heromotocorp Ltd
Tiger Global Management

Ather Energy pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
Funding Round Details are not yet available for this company.

Ather Energy IPO news and media highlights

EV startup Ather seeks to raise $530 million in India IPO

Indian electric scooter manufacturer Ather Energy plans to raise about $530 million in its initial public offering, according to its draft prospectus filed on Monday (PDF), as the startup seeks to capitalize on growing demand for electric vehicles in the world’s third-largest auto market. The Bengaluru-based startup, which competes with recently listed rival Ola Electric, is targeting a valuation of $1.5 billion to $2 billion, people familiar with the matter told TechCrunch. The company said it will sell new shares worth $370 million in the IPO as well as up to 22 million shares from existing investors.

Ather & Google partners to show 2-wheeler fast charging stations

Ather Energy has announced that they are partnering with Google to show the availability of two-wheeler fast charging stations on Google Maps. This collaboration will allow EV users to use the Light Electric Combined Charging System - LECCS, the official Indian EV charging connector standard. Ather Grid which is the fast charging network of Ather uses the LECCS port. LECCS is now officially recognized as a plug type, allowing users to set their default connector or plug type as LECCS on Google Maps. This means chargers with LECCS will appear when searching for “EV charger near me" or “charging stations," on Google Maps.

EXCLUSIVE | Lower EV subsidies forcing price hikes, will delay growth, says Ather Energy

CEO of Ather Energy, Tarun Mehta, voiced concerns over the adverse effects of reduced EV subsidies on the industry's growth trajectory. In an exclusive interview with CNBC-TV18 on Saturday, April 6, Mehta highlighted that the recent reduction in electric vehicle (EV) subsidies has compelled manufacturers to implement price hikes, potentially hindering the market's expansion. This setback could delay the anticipated growth of the EV sector, he said.

Ather Energy introduces new 450X Gen 3

Ather Energy, India’s leading electric scooter manufacturer, today announced the launch of its latest electric scooter, the 450X Gen-3. The new scooter introduces the next generation of its hugely successful 450 platform and now comes with a host of new features that enhance its performance and ride consistency. The 450X Gen 3 is now equipped with a bigger and more powerful 3.7 kWh battery that enables users to ride in the ‘Warp’ (Ather’s high-performance mode) through every ride. The battery is also 25% larger than the previous generation, giving an ARAI-certified range of 146 kilometres and a TrueRangeTM of 105km.
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See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

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Subsector: Electric Vehicles
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Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

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Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $114.78 +$9.78 (9.31%)High $xxx.xx
Databricks Databricks $197.75 +$0.03 (0.02%)High $xxx.xx
Waymo Waymo Not availableLimited $xxx.xx

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Updated on: Jul 15, 2025

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