Ather Energy's Co-founder CEO Tarun Mehta responded to a Twitter user who questioned why the electric vehicle startup's valuation is just 1/25th of rival Ola Electric. "It's a stupid market. Will fix valuations in the coming months," Mehta tweeted. Founded in 2013 by IIT Madras alumni Tarun Mehta and Swapnil Jain, Ather counts Hero MotoCorp and Tiger Global among investors.