Ather Energy raises $128 million led by Indian government’s sovereign fund, Hero MotoCorp - Economic Times

Tarun Mehta, cofounder and CEO of Ather Energy, said that the funding will be used to expand its manufacturing facilities, invest in research and development, charging infrastructure, and grow its retail network.

Bengaluru: Electric scooter maker Ather Energy said it has raised $128 million led by National Investment and Infrastructure Fund (NIIF), the Indian governments sovereign wealth fund, and existing in… [+4080 chars]

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