Ather Energy

₹13.0B startup

Announced: Jul 21, 2026
Sector: Electric Vehicles
Investors: 7

Summary

Ather Energy raised about ₹1,300 crore through a qualified institutional placement, allotting 1.08 crore equity shares at ₹1,202 per share. The proceeds are part of a larger plan to raise up to ₹2,500 crore, with the remaining amount proposed through a preferential issue.

Investors

HDFC Mutual Fund, Aditya Birla Sun Life Mutual Fund, Axis Mutual Fund, Edelweiss Mutual Fund, Tata Mutual Fund, Motilal Oswal Mutual Fund, Abu Dhabi Investment Authority