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Ather Energy raised ₹60 crore in debt ahead of potential IPO
short by Infomance / on Monday, 29 July, 2024
Ather Energy, a Bengaluru-based electric scooter manufacturer, has secured ₹60 crore in debt funding from Stride Ventures through its trustee, Vistra ITCL. This marks the company's second debt infusion in two months, following a ₹200 crore investment in May. Ather has amassed around $450 million in funding to date from investors like Tiger Global and Hero MotoCorp.
read more at Infomance