IFC proposes $25m investment in Indian electric scooter startup Ather Energy
Ather Energy is backed by Hero Motocorp and Tiger Global.
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High-growth opportunities for EV in Southeast Asia and India
India and Indonesia have seen green shoots of the electric vehicle industry over the past five years.
Exponent Energy raises funds from Pawan Munjal’s family office, partners EV maker Altigreen
With the funding, Exponent plans to set up a rapid EV charging network in Bengaluru in FY23.
India: E–scooter maker Ather says high costs pushing back profit timeline
Ather is backed by PE fund Tiger Global and India's biggest bikemaker Hero MotoCorp.
Indian EV startups find favour with investors, see sharp spike in investments
The number of deals almost doubled YoY to 26 in the Jan-June period.
Indian electric two-wheeler maker EVTRIC Motors in talks to raise first external funding
The company is eyeing sales of 55,000 electric two-wheelers by this year end.
Indian startup funding drops further to $2.2b in May amid slowdown fears
Neobanking platform Open was the only startup to make it to the unicorn club in May
Hero Motocorp to invest over $56m in Indian EV startup Ather Energy
The company held 34.8% in Ather Energy prior to the investment.
India: Electric scooter startup Ather Energy raises $35m led by Sachin Bansal
Hero MotoCorp also invested $12m as part of the Series D round.
India: E-commerce, hyperlocal supply chains to benefit from EV adoption
Bigbsaket has currently deployed over 4,000 EV scooters in Bengaluru, and plans to double the count by next year.