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Ather Energy
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Short description

Developer of smart, connected electric scooters

Founded in 2013
Founded in

Company type Private Public ()
Company type

Industry Group transportation & logistics

Sector micromobility

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters India Bangalore, India
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Updated by at on 09/10/2024

Edited by Cleantech Group on 09/24/2024

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Date Company
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Date Partner Type
05/25/2020
Bounce Bounce
Bounce has partnered with electric scooter startup Ather Energy to enable its users to buy and list Ather 450 on its platform.
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Confirmed by Bounce
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IPO INFORMATION

Date

09/09/2024

IPO status

Filed

IPO Type

IPO

Amount

$530M

Initial shares

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Exchange listed

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Add Investment
Date Investors Type Amount
08/13/2024 National Investment and Infrastructure Fund National Investment and Infrastructure Fund (1)
Post-money valuation of
Funding, which will support market expansion, brings total valuation to $1.3 billion
 Growth Equity $71,000,000
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