Hero MotorCorp infuses Rs 84 Cr in Ather Energy
Image Credit: forbes india
Electric scooter manufacturer Ather Energy has raised Rs 84 crore as a part of its Series C funding round from the existing backer, Hero MotorCorp. The platform has received the latest tranche after a gap of 14 months. In May last year, Ather Energy had secured a $51 million round led by Sachin Bansal, who alone infused $32 million. Backed by the likes of Binny Bansal and Tiger Global, Ather Energy has bagged over $102 million to date.