Ather Energy Stock

atherenergy.comTransportation / Electric VehiclesFounded: 2013Funding to Date: $102MM

Ather Energy is a builder of intelligent electric scooters and AtherGrid is their established electric vehicle charging network. This company was founded by Tarun Mehta and Swapnil Jain in 2013 and is currently headquartered in Bangalore, India. Ather Energy’s two wheelers are engineered to be more eco-friendly and more energy efficient thanks to their lithium-ion battery bank.

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Private Market Pricing DetailsValuation & Financings

Ather Energy Stock Price

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Last Closed Trade 2
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Last Funding Round (LFR)
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Ather Energy Funding Rounds and Valuation

Funding History Chart
Funding Round Details
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Leadership & Board

Leadership

Deepak Jain
Chief Financial Officer
Tarun Mehta
Co-Founder & Chief Executive Officer
Swapnil Jain
Co-Founder
Sunitha Lal
Chief Human Resources Officer
Pawan Singhal
Chief Legal Officer
Ravneet S. Phokela
Chief Business Officer

Ather Energy stock FAQs

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Is Ather Energy a public company?

No, Ather Energy is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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Ather Energy is a privately held company and therefore does not have a public stock price. However, you may access Ather Energy private market stock price with Forge Data.
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Ather Energy does not have an official ticker symbol because this company is not currently publicly traded.
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Ather Energy’s news and media highlights

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 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.
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, 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.
Updated on: Nov 16, 2024

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