Ather Energy is a firm that focuses on creating and marketing luxury motorcycles powered by electricity.
Ather Energy seeks to transform people’s perceptions regarding battery-powered scooters by creating excellent products and low-maintenance and intelligent battery-powered scooters.
Ather energy is engaged in the creation and advancement of electric mobility scooters with BLDC engines, lightning-quick charging lithium-ion battery packs, resistance to moisture and dust, numerous driving styles, mono-shock suspensions, and disc brakes at both ends of the scooter.
Ather Energy provides unique offerings to its client, like reversed settings, engaging control panels, aboard navigating, slope identification, and a low center of gravity.
Ather Energy offers domestic chargers with application access, as well as a mobile application to check recharging progress.
About Ather Energy:
Ather Energy is a designer of two-wheeler electric automobiles that aim to deliver an environmentally conscious journey with modern amenities.
with Ather Energy, Customers can take advantage of a more secure and environmentally friendly method of mobility because of the company’s scooters, which are driven by a battery pack made from lithium-ion that has an incorporated electronic battery control system and communication and voice-supporting capabilities.
Ather Energy has been one of the only new companies in India, particularly in automotive manufacturing, that offers goods and offerings which represent a combination of smart technological innovation.
Ather Energy’s product options comprise the Ather 450X and Ather 450 Plus, as well as privately and publicly owned charging stations and creative owning schemes.
Ather Energy is additionally constructing a whole community for sustainably grown and driven battery-powered automobiles in India. Ather Energy is extending its presence throughout the nation and will soon be present in more than 50 locations.
| Name of the company | Ather energy |
| Founded year of the company | 2013 |
| Founders of the company | Tarun Mehta and swapnil jain |
| Competitors of the company | Ola electric, segway – ninebot, ampere vehicles, hero electrics |
| Website of the company | atherenergy.com |
| Country of origin | Bengaluru, india |
| Investors of the company | 30 investors |
| Valuation of the company | 739 million dollars |
Ather Energy Name And Logo:
Ather Energy Founders:
Ather Energy has two founders – Tarun Mehta and Swapnil Jain
Tarun Mehta –
Tarun Mehta is the co-founder and CEO of ather energy.
Tarun Mehta completed his studies at the Indian Institute of Technology, Madras, where he completed his dual degree in engineering design from 2007 to 2012.
Tarun has worked for many known companies; they are at the national institute of Design as an intern, at mercedes benz research and Development as an intern, at BHEL as an intern, and at ashok leyland as a deputy manager.
Lastly, Tarun Mehta co-founded Ather Energy.
Tarun Mehta has more than 22 thousand followers and 500 plus connections on LinkedIn.
Swapnil Jain –
Swapnil Jain is the co-founder of ather energy.
He completed his education at the Indian Institute of Technology, Madras, where he completed his B.tech and M.tech from 2007 to 2012.
Swapnil Jain worked at BHEL as an intern and at general motors as a post-graduate engineering trainee.
Lastly, he co-founded ather energy with Tarun Mehta.
Swapnil Jain has more than 39 thousand followers and 500 plus connections on LinkedIn.
Ather Energy Products:
Ather 450x
- Riding modes
- True range display
- Interactive UI
- Reverse park assist
- Auto hold
- Auto indicator cut-off
- guide-me -home-lights
- Warranty of 3 years/ 30,000 km (whichever is earlier)
Ather 450s (Coming Soon)
- IDC range – 115 km
- Top speed – 90km per hour
- Pricing – 1,29,999 RS
Ather Energy Competitors:
Ola Electric –
Ola Electric is a producer of electric mobility scooters. The platform creates scooters powered by electricity with the S1, S1 Air, and S1 Pro models that include a high-speed connectivity range, an 8.5 kW engine span, a variety of color choices, and other capabilities.
It creates scooters with robotics that are powered by artificial intelligence and promises to give people environmentally sound and sustainable trips.
In order to create the company’s own cell technological advances, the business additionally established electric vehicles and a battery-powered advancement center.
Segway Ninebot –
segway Ninebot is a maker of multi-category automobiles powered by electricity.
The organization makes a variety of automobiles, including all-terrain automobiles, electric cycles, electronic kick motorcycles, and electric mobility devices. Additionally, it creates robotics with artificial intelligence (AI) and the Internet of Things capabilities for use in commerce, such as deliveries.
The company was founded in 2012 in Beijing, China.
The total funding raised by the company till now is 240 million dollars, and the total valuation of segway-ninebot is 1 billion dollars.
Ampere Vehicles –
Ampere Vehicle is an electric auto company. The business creates numerous electric mobility designs, including the Magnus, Zeal EX, Reo Elite, V Series, and others.
Additionally, it provides business automobiles such as e-tricycle trucks and more. It has features including a variety of color choices, environmentally conscious rides, and others.
The company was founded in 2008 in Coimbatore, India, and the total valuation of the company is 418 million dollars.
Currently, the company has raised a total funding of 229 million dollars.
Hero Electric –
Hero Electric is an electrically powered scooter company. It provides many different electric-powered scooter designs, including the Flash, Optima, Photo, and more.
It has telescoping suspensions, LED light fixtures, accident security personnel, electronic speedometers, magnesium alloy tires, and BLDC motor hubs, among additional amenities.
Hero Electric was founded in 2007 in Gurgaon, India.
The company has raised a total funding of 72.3 million dollars and has a valuation of 165 million dollars.
Ather Energy Investors:
Ather Energy has a total of 30 investors in total. The company has raised 336 million dollars over 14 rounds of funding till now.
Some prominent investors of the company are –
Scale Venture Partners –
Scale venture partners is a financing company for venture capitalists with a total of $1.9 billion under control.
The company invested in pioneering software as a service (SaaS) businesses like Bill.com (NYSE: BILL), DocuSign (NASDAQ: DOCU), HubSpot (NYSE: HUBS), JFrog (NASDAQ: FROG), and Root (NASDAQ: ROOT) shortly after they were founded on.
The company’s attention is concentrated on the newest breed of corporate software firms developing Cognition Apps, like Comet. ml, Observe.ai, Techsee, and Viz.ai.
Scale is a preliminary investment company that specializes in sophisticated company applications and has a Scalable System that has supported businesses including Box, Bill.com, Hubspot, Docusign, JFrog, and WalkMe in transitioning.
Innoven Capital –
Innoven Capital was founded in 2008 and is the nation’s premier capital raising and specialty financing company.
In addition to 35+ unicorns spanning sectors and company designs, the company has invested in more than 200 top high-growth venturing capital-backed firms.
The goal of the company is to collaborate with business owners that are upending sizable accessible industries and conceptualizing bigger thinking.
Temasek and United Overseas Bank are two of Innoven Capital’s foundation partners.
Tiger Global Management –
Tiger Global Management, LLC is a publicly traded and privately owned investment company that targets firms worldwide the World Wide Web, programs, customers, and finance sectors.
The company’s aim for the future is to provide greater risk-adjusted rewards to its investors.
Tiger Global is headquartered in New York, with operations in Hong Kong, Beijing, Singapore, and Bangalore.
Faqs About Ather Energy:
When was Ather Energy founded?
The company Ather Energy was founded in 2013.
Where was ather energy founded?
Ather Energy was founded in Bengaluru, India.
What is the total funding raised by ather energy?
The total funding raised by ather energy is 336 million dollars.
What is the total company valuation of ather energy?
The total company valuation of ather energy is 739 million dollars.
What is the employee count of ather energy?
The employee count of ather energy is 1420 as of April 30, 2023.
In what space does ather energy serve?
The company’s ather energy serves in the B2C space.
In what market segment does ather energy serve?
The company ather energy serves in the energy tech, auto tech, environment tech, and transportation and logistics segments.
Is ather energy a unicorn?
No, the company ather energy is a soonicorn.
Who is the board of directors of ather energy?
The board of directors of the company Ather Energy is Tarun Mehta.
Conclusion
Ather Energy is a Bangalore-based electric automobile manufacturer.
Ather Energy was started in 2013 by Tarun Mehta and Swapnil Jain; ather energy has two offerings – the Ather 450X and the Ather 450X Pro electric scooters.
Additionally, Ather Grid, another new product of ather energy is a nationwide network of charging facilities for electric vehicles, has been constructed.
Ather Energy started operating at its Hosur, Tamil Nadu manufacturing facility on January 2, 2021. The new Ather facility can produce 1,10,000 motorcycles and 1,20,000 chargers for batteries annually. At the moment, the business operates in fifteen different states and 27 locations.
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