Over two-thirds of them were delivered in the city of Bangalore. 3.7 kWh Ather Energy had quite a profitable festive season. Documents. Hi/Low, RealFeel, precip, radar, & everything you need to be ready for the day, commute, and weekend! Ather Energy is a manufacturer of electric scooters and electric vehicle charging network called AtherGrid. NEW DELHI (Reuters) Ather Energy, Indias top electric scooter maker by revenue, is raising funds to ramp up annual production to one million scooters over the next The View Information. The combined network of Ather Grid and Statiq across cities will provide more convenience to customers. Exclusive. The company is backed by founders of Flipkart, Tiger Global, Hero Motocorp, So far in the current year, Ather has delivered over 10,000 units in the state of Karnataka. The company's two-wheelers are powered The scooter can accelerate to 40 km/h in 3.9 seconds, attain a top speed of 80 km/h, and can travel 75 km on one charge in city-riding conditions (107 km in the Indian driving cycle).. Ather Energy also offers an What is Ather Energy's Revenue? The company has two electric scooter models Ather 450X and Ather 450 Plus in the market. October 18, 2022. Bulk of the sales was clocked in the last 10 days of the month as the company's production line was shut for a couple of weeks to facilitate the transition to its new product - the Ather 450X Gen 3, that the company introduced last month. At this sales performance, the company has registered a Year-on-Year growth of 297% in comparison to the corresponding month a year ago. Ather Energy Private Limited is a Private incorporated on 21 October 2013. Ather Energy peak revenue was $73.0M in 2021. HeroMotoCorp Ltd. Ather Energy. 420 crore in the Ather Energy company, Hero plans to debut its first electric vehicle (EV) in March. The Hero Motocorp-backed EV startup has now crossed 8000 retail sales milestone by selling 8213 units in October 2022. Its authorized Find details of its financials, directors, legal In October, The city clerks rotating satellite office opened on the campus of Michigan State University and is expected to help future East Lansing voters. The company reported highest monthly sales in August, then in September and now in October as well. The Ather factory, located in Hosur has an annual manufacturing capacity of 1.3 lakh scooters and 1.4 lakh battery packs. Here is a summary of financial information of ATHER ENERGY PRIVATE LIMITED for the financial year ending on In a major boost to its rapid expansion in the country, Ather Energy signed a joint MoU with the State Of Karnataka, committing to 1,000 Ather fast chargers across the state. According to authorities, Consumers Energy crews called police at about 2:40 p.m. after they found a person on the ground near the intersection of Saginaw Street and With an increasing number of consumers moving into the EV space, Ather Energy fully recognises the necessity of an accessible charging network, along with advanced riding solutions, to facilitate EV adoption," said Nilay Chandra, VP-Charging Ather Energy Private Limited is a 8 years 10 months old, private Indian Company, registered at Bangalore with a paid-up capital of Rs.5799392. After extensive research and analysis, Zippia's data science team found the following key financial metrics. At present, the two-wheeler major has 1,000 charging stations. For the Ather Energy has 656 employees, and the revenue per employee ratio is $111,280. This information is available in our reports and to subscription users. The Ather 450 is constructed using an all-aluminium frame, comes with a 5.4 kW (7.2 BHP) Brushless DC electric motor, and a 2.4 kWh lithium-ion battery pack. Bengaluru-based electric two-wheeler maker Ather Energy sold 2,389 units in July of 22; registering a 24% year-on-year growth. Ather October 2022 Sales: Ather Energy sold 8,213 electric scooters in October 2022, recording a 122 per cent YoY growth. With an investment of Rs. Relina tells Startup Story Media about the issues like breaking peoples existing perception about electric vehicles. NEW DELHI (Reuters) Indian electric-scooter maker Ather Energy said a surge in raw material costs and supply chain disruptions were delaying the companys path to profit Electric scooter manufacturer Ather Energy has raised Rs 400.6 crore or $50 million in a round led by existing investor Caladium Investment. Ather Energy Private Limited is a 8 years 10 months old, private Indian Company, registered at Bangalore with a paid-up capital of Rs.5799392. Ather Energy Private Limited's operating revenues range is INR 100 cr - 500 cr for the Ather Energys two wheelers are engineered to be more If you are interested in setting up an Ather experience center, please share your details here. Read on. Financial Report - ATHER ENERGY PRIVATE LIMITED. Manufacturer of two-wheeler electric vehicles designed to provide an eco-friendly ride with modern features. Ather Energy has received a sanction letter from Hero FinCorp Limited [an associate company of Hero MotoCorp] for a loan amount of Rs 130.00 crore, regulatory filings show. Ather Energy closed its last funding round on May 12, 2022 from a Series E round. Electric scooter manufacturer Ather Energy has raised Rs 400.6 crore or $50 million in a round led by existing investor Caladium Investment. Currently, Hero Electric is the market leader which has 36% market share in Indias two-wheeler EV segment. Ather Energy had quite a profitable festive season. Ather Energy Private Limited is a 9 years 9 days old Private Company incorporated on 21 Oct 2013. Its authorized share capital is Rs. Ather October 2022 Sales: Ather Energy sold 8,213 electric scooters in October 2022, recording a 122 per cent YoY growth. Description. Its registered office is in Bangalore, Karnataka, india. Ather Energy sold a total of 8,213 units in October 2022, which is its highest ever monthly sales, for the third month on the trot. Ather Energy was owned initially by Hero Capital, which had a 34.8 per cent share. This is the second equity round for the Bengaluru-based company in 2022. The Ather brand has a presence in 30 Indian cities. The company has two electric scooter models Ather 450X and This is also the companys highest-ever monthly Last month in September, Ather Energy sold 7r435 units and compared to October that's 778 units less. It's authorized share capital is INR 77.92 lac and the total paid-up capital is INR 57.99 lac. The Ather factory, located in Hosur has an annual manufacturing capacity of 1.3 lakh scooters and 1.4 lakh battery packs. It was founded by Tarun Mehta and Swapnil Jain in 2013. Brand logo registered. Ather currently has a 22% market share in the state. 175M km of ride data, new 21700 lithium-ion cells and a smarter battery management system, allows us to make the Ather 450X battery pack even better than its predecessor. This is also the companys highest-ever monthly sales figure yet. It has also established electric vehicle charging infrastructure across the country called Ather Grid. ATHER ENERGY PRIVATE LIMITED, 3rd FLOOR, TOWER D, IBC KNOWLEDGE PARK, #4/1, BANNERGHATTA MAIN ROAD, BANGALORE, KARNATAKA 560029, INDIA. Ather currently has a 22% market share in the state. So far in the current year, Ather has delivered over 10,000 units in the state of Karnataka. Ather Energy has announced that it has managed to sell 6,410 units of electric scooters in August'22. It manufactures two electric scooters - the Ather 450X and the Ather 450 Plus. Join 290K+ Investors and Ather has been reporting highest monthly sales for three months in a row. Over two-thirds of them were This is a 122% year-on-year growth, the press release stated. Ather Energy also has an electric vehicle charging infrastructure called Ather Grid. Ather Energys board has also mentioned that the company has plans to go public in near future. The Hero Motocorp-backed EV startup has now crossed 8000 retail sales milestone by selling 8213 units in October 2022. 7,791,630 and its paid up capital is Rs. Although Ather Energy is doing exceptionally well in the markets given how new they are, they still have to face their own share of challenges. Get the forecast for today, tonight & tomorrow's weather for Lansing, MI. This company was founded by Tarun Mehta and Swapnil Jain in 2013 and is currently headquartered in Bangalore, India. Documents. Hero MotoCorp, the worlds largest motorcycle and scooter maker, stated on Friday that it would invest up to Rs 420 crore in the company . It is classified as Non-govt company and is registered at Registrar of Companies, Bangalore. The pool size as per the Series D shareholders agreement was 12,356 stock options which is reduced to 5,214 stock options and the balance unused pool of 7,142 is proposed for cancellation, according to a separate filing by the company. Alternatively, you can write to us at [email protected]. 5,799,392. Ather General Information. Sep 05, 2022 03:25 PM IST Hero MotoCorp-backed Ather Energy kickstarts prep for biggest ever fundraise. Shareholders. This is the second equity round Ather Energy is an Indian electric vehicle company, headquartered in Bangalore. Ather Energy was founded in 2013 by IIT Madras alumni, Tarun Mehta, and Swapnil Jain. Ather Energy revenue is $73.0M annually. The leading electric scooter maker is looking to mop up as Investors. Find details of its financials, directors, legal cases and charges. As well about electric vehicles was owned initially by Hero Capital, which had a 34.8 per cent.. U=A1Ahr0Chm6Ly9Hdxrvlmhpbmr1C3Rhbnrpbwvzlmnvbs9Hdxrvl25Ld3Mvyxrozxitzw5Lcmd5Lxn0Yxrpcs10Zwftlxvwlxrvlwvuagfuy2Utc2Hhcmutzxyty2Hhcmdpbmctaw5Mcmetaw4Tbm9Ydggtaw5Kawetnde2Nta4Odg4Odm4Nzkuahrtba & ntb=1 '' > Ather Energy closed its last funding round on May 12 2022 1,000 charging stations < /a > brand logo registered was owned initially by Hero Capital, which had a per. 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