Ather Energy logo — company profile

Ather Energy

Founded 2013 India India 2968 employees Secondary Market Total: $22.04B Industrial, Manufacturing +3

General Information

Company Name Ather Energy
Founded Year 2013
Location India India
Employees 2968
Industries Industrial, Manufacturing, Transportation +2
Funding Stage Secondary Market
Social

BounceWatch is an independent company data service, not affiliated with Ather Energy. To contact Ather Energy, visit atherenergy.com.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

How does Ather Energy compare?

A PDF of Ather Energy and up to 10 competitors you pick: team, funding, traffic and every dated move of the last 90 days. Each company is re-checked on the day you order, so it is current.

See a sample report

This takes a few seconds: we look beyond our own index too.

Meeting Ather Energy soon?

A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

About Ather Energy

Ather Energy, founded in 2013 by Tarun Mehta and Swapnil Jain, is a pioneering force in the Indian electric vehicle industry. The company challenges the traditional Internal Combustion Engine (ICE) by offering smart and connected electric scooters such as the Ather 450 product line. This visionary approach aligns with the growing trend towards electric mobility. Ather stands out in the Indian automotive sector for its innovative fusion of design and engineering, combining hardware and software. The company’s diverse product lineup includes the Ather Rizta, Ather 450X, Ather 450S, public and private charging infrastructure, accessories, merch, and innovative ownership plans. Notably, Ather is committed to establishing an indigenous electric vehicle ecosystem with locally manufactured products and services. In June 2024, the company secured a significant INR1.24B investment in the secondary market from HeroMotoCorp. Ather Energy appears poised to further revolutionize the Indian electric vehicle landscape and sustain its position as an industry front-runner.

Business keywords: Electric Vehicles, Scooters, Smart Technology, Battery Management, Software Development, Clean Design, Indigenous Design, Charging Infrastructure, Ecosystem Building

Funding Rounds & Investors (13)

View All
Funding Stage Amount Investors Lead Investors Date
Secondary Market INR1.24B 1
HeroMotoCorp
07 Jun 2024
Debt Financing INR2.00B 1
Stride Ventures
31 May 2024
Series F INR865.60M 2
Tarun Mehta, Swapnil Jain
31 May 2024
Venture Round INR9.00B 2
GIC, HeroMotoCorp
04 Sep 2023
Series E INR4.01B 2
Herald Invesment Managememt Limited, Caladium Investments
18 Oct 2022
Debt Financing INR500.00M 1
InnoVen Capital
29 Sep 2022
Series E $128.00M 2
NIIF, HeroMotoCorp
12 May 2022
Series D INR4.20B 1
HeroMotoCorp
14 Jan 2022
Series C $11.21M 1
HeroMotoCorp
24 Jul 2020
Series C $51.00M 3
InnoVen Capital, Sachin Bansal +1
28 May 2019

View All 13 Funding Rounds

Ather Energy Alternatives & Competitors

View All Alternatives
Ather Energy vs
Roam
Roam Kenya

⚡️Electric Motorcycles | Electric Buses | Charging Infrastructure | Energy Systems⚡️

Series A
183 employees
Manufacturing, Renewable Energy
Ather Energy vs
Ample
Ample United States

Electric Cars for Everyone.

Grant
65 employees
Energy, Robotics
Ather Energy vs

The Singapore- and India-based company that provides Electric Vehicle technology and charging infras...

Seed
6 employees
Transportation, Energy Storage

FAQ About Ather Energy

Ather Energy was started in 2013 by Tarun Mehta and Swapnil Jain, two engineering graduates straight out of college with the audacity to dream and challenge the well-established Internal Combustion Engine (ICE) and replace it with an electric drive. We built India’s first smart and connected elect...
Ather Energy was founded in 2013.
Ather Energy is headquartered in India.
Ather Energy operates in Industrial, Manufacturing, Transportation, Clean Energy and Automotive. Its work centres on Electric Vehicles, Scooters, Smart Technology and Battery Management.
Ather Energy has approximately 2968 employees.
Ather Energy has completed 13 funding rounds, raising a total of $22.04B. The latest funding stage is Secondary Market.
Top alternatives and competitors to Ather Energy include Roam, Ample, The SHADO Group, Chargepoint Europe BV, Motiv Electric Trucks. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ather Energy and Roam are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Ather Energy, https://bouncewatch.com/company/ather-energy, updated 30 December 2024. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Book a demo 30 minutes