Financials

Estimates*

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Revenues, earnings & profits over time
USD202020212022
Revenues10.0m9.8m50.0m
% growth-(2 %)411 %
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DateInvestorsAmountRound
N/A

$1.0m

Seed

$12.0m

Series A

$27.0m

Series B

$51.0m

Series C

$11.2m

Valuation: $255m

Series C

$35.0m

Series D

$17.3m

Debt
*

$128m

Series E
*

$6.1m

Debt
*

$50.0m

Valuation: $640m

Series E
*

$108m

Valuation: $640m

Late VC
*

$17.3m

Late VC
*

$17.3m

Debt
*

$15.0m

Valuation: $682m

Late VC
*

$7.1m

Debt
*

$71.0m

Valuation: $1.3b

Late VC
Total FundingCAD718m

Recent News about Ather Energy

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More about Ather Energyinfo icon
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Ather Energy is a pioneering company in the electric vehicle (EV) sector, focusing on the design and manufacture of smart electric scooters. The company primarily serves urban commuters in India, offering a range of electric scooters that are equipped with advanced connectivity features and AI-driven intelligence. Ather Energy operates in the rapidly growing EV market, targeting environmentally conscious consumers and tech-savvy individuals who seek efficient and sustainable transportation options.

The business model of Ather Energy revolves around the sale of electric scooters and associated charging infrastructure. Revenue is generated through direct sales of their flagship products, the Ather 450X and Ather 450 Plus, as well as through the Ather Grid, a network of fast-charging stations. Additionally, the company offers subscription-based services for software updates and enhanced features, providing a recurring revenue stream.

Ather Energy differentiates itself through its focus on technology and user experience. The scooters come with features such as touchscreen dashboards, over-the-air updates, and mobile app integration, allowing users to monitor and control various aspects of their vehicle remotely. The company also invests heavily in R&D to continuously improve battery performance, range, and overall vehicle intelligence.

Keywords: electric scooters, smart vehicles, AI-driven, urban commuters, sustainable transportation, Ather 450X, Ather Grid, fast-charging, subscription services, India.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.