Electric Vehicle Startup Ather Secures Seed funding From Flipkart Founders

Flipkart founders Sachin Bansal and Binny Bansal have invested in Ather, an electric vehicle startup focused on designing high-speed electric two-wheelers for the Indian market. This funding round also includes investment from Raju Venkatraman, serial entrepreneur and CEO of MEDALL.
ather2
Ather’s focus area is to develop technology to manufacture electric vehicles for India. This round of funding will be primarily used for product development. Prior to this, Ather raised their first round of capital in February this year from Dr. V Srinivas (Founder, Aerospike) and the Technology Development Board, Government of India.
ather1
Ather was incubated in the incubation cell at IIT Madras and was started by Tarun Mehta and Swapnil Jain in 2013.

Add comment

NextBigWhat brings you curated insights and wisdom on product and growth from the wild web.

Over 2 million people receive our weekly curated insights.

Newsletter

Newsletter