Ather Energy - Entrepreneur News Network

Ather Energy Approves ₹1,200 Crore Fundraise; Hero MotoCorp to Increase Stake

July 15, 2026 by Ruchi Kumar

Bengaluru: Electric two-wheeler manufacturer Ather Energy has approved a ₹1,200 crore preferential fundraise, bringing together strategic investments from Hero MotoCorp, the National Investment and Infrastructure Fund (NIIF), and the company’s founders. The capital infusion is expected to support Ather’s expansion plans, strengthen its manufacturing capabilities, and accelerate product innovation. The company’s board has approved the … Read more

Ather Energy raises $128 mn investment from NIIF, Hero MotoCorp

May 13, 2022 by Entreprenuer News Network Bureau

Ather Energy, based near Bengaluru, has raised $128 million in a new investment round led by sovereign wealth fund National Infrastructure Investment Fund (NIIF) and current backer Hero MotoCorp. In this round, Hero MotoCorp has put in $56 million (approximately Rs. 420 crore), with the remainder of the money coming from NIIF. Other previous investors … Read more