home Uncategorized Ather Energy raises $128 Mn led by NIIF’s SOF and Hero MotoCorp Harsh Upadhyay

Ather Energy raises $128 Mn led by NIIF’s SOF and Hero MotoCorp Harsh Upadhyay

Electric scooter manufacturer Ather Energy has raised $128 million in its Series E round led by the National Investment and Infrastructure Fund’s (NIIF) Strategic Opportunities Fund (SOF) and Hero MotoCorp.

The Bengaluru-based company scooped up $35 million in a Series D round led by Sachin Bansal in November 2020. Entrackr was the first to report the development.

Ather Energy will use the proceeds to expand manufacturing facilities, invest in research and development, charging infrastructure, and grow its retail network, according to the company’s press release.

Continue reading Ather Energy raises $128 Mn led by NIIF’s SOF and Hero MotoCorp at Entrackr.

Electric scooter manufacturer Ather Energy has raised $128 million in its Series E round led by the National Investment and Infrastructure Fund’s (NIIF) Strategic Opportunities Fund (SOF) and Hero MotoCorp.
The Bengaluru-based company scooped up $35 million in a Series D round led by Sachin Bansal in November 2020. Entrackr was the first to report the development.
Ather Energy will use the proceeds to expand manufacturing facilities, invest in research and development, charging infrastructure, and grow its retail network, according to the company’s press release.
Continue reading Ather Energy raises $128 Mn led by NIIF’s SOF and Hero MotoCorp at Entrackr. News, Ather, fundingEntrackr

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