Ather Energy crosses $1 billion market cap after securing fresh funding of $71 million.

Funding from National Investment and Infrastructure Fund (NIIF) pushes Ather to unicorn status

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Ather's latest valuation hits $1.3 billion, cementing its position in India's EV market.

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Ather’s co-founders, Tarun Mehta and Swapnil Jain, also invested significantly in the latest round.

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The company has raised over Rs 286 crore in 2023 through multiple funding rounds.

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Ather Energy aims for a $2 billion valuation with an IPO planned by the end of 2024.

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Despite rising losses, Ather’s operating income saw a slight increase in FY24.

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Ather Energy is the latest unicorn after companies like Rapido and Perfios.

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Ather Energy continues to lead the way in India’s electric two-wheeler industry.

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