Ather Energy
formerly AtherIPOAther Energy is an e-commerce company in Bengaluru, India, founded in 2013. It has raised $95.0M across 4 rounds, most recently a $50.0M Venture Round in September 2023.
- Headquarters
- Bengaluru
- Employees
- 1001–5000
- Founded
- 2013
- Business Model
- B2C
- Website
- atherenergy.com
- Total Funding
- $95.0M
- Last Round
- $50.0M Venture RoundSep 2023
- Rounds
- 4
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 4 funding rounds and 3 investors for this company. The full record is or through the API.
About
Ather Energy is an Indian electric two-wheeler manufacturer founded in 2013 by IIT Madras alumni Tarun Mehta and Swapnil Jain. The company designs and builds intelligent electric scooters — including the Ather 450 series and Ather Rizta — with manufacturing facilities in Bengaluru and Hosur, and a growing retail network across India. Ather differentiates through its AtherStack connected vehicle platform, proprietary charging infrastructure (AtherGrid), and software-defined vehicle experience, positioning itself as the technology-first premium EV brand in India's two-wheeler market.
Summary
It lists 1001–5000 employees. It has raised $95.0M in total across 4 rounds, most recently a $50.0M Venture Round in Sep 2023. Investors include Hero MotoCorp, Caladium Investment and Tiger Global.
Tech & App Stack
15 technologies & apps tracked
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Funding & Exit History
May 2025
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Funding: Series A through Venture Round. Amounts, valuations, and investors where available.
Investors
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