How To Invest In Ather Energy

Ather has received Rs 180 crore of the total investment with the rest due to be released in tranches. I know Ramesh for several years and is a bundle of energy and constantly looks at ways and means of building customer relationships. A preview of what LinkedIn members have to say about Tarun: " Tarun is a very diligent and creative member of the group who with his enthusiasm and energy can bring a lot of value addition to the team. That's a great start from Ather Energy in the 2nd quarter of 2019. Ather has received Rs 180 crore cash investment while Hero in exchange has picked 26-30 per cent stake in the company. Ather e-Scooter S340 (courtesy: Ather) Ather e-Scooter S340 Features: Ather S340 is powered by a lithium-ion battery pack, which has a life of 50,000 kms. Ather S340 can turn out to be the India's fastest electric scooter with a claimed top speed of over 70kmph. invite applications from entrepreneurs looking to raise funds for their businesses in the aforementioned domains. The Investment Plan is a document of purely informa-tive nature and cannot be considered as any advice,. Under 30 Alumni: Ather Energy Powers India With Electric Scooters. Ather Energy has announced the commencement of the deliveries of their flagship scooter, the Ather 450, in Chennai. Hero Motocorp has yet again given Ather Energy a shot in the arm. Ather Energy has commenced deliveries of its flagship scooter, the 450, in Chennai. Ratan Tata has decided to invest an undisclosed amount in the Pune-based electric two-wheeler manufacturing company, the Tork Motors. First, a few facts. INVEST INDIA www. Ather Energy is the first Indian major venture to follow US car producer Tesla in designing, and building its own bike from scratch. ET Startup Awards 2016: Ather Energy is building India's first smart electric scooter Students are wont to dream, they dream of building cars, scooters, rockets and satellites. Bajaj Auto eyes an investment in bicycle rental startup Yulu. The company is the largest two-wheeler manufacturer in the world, and also in India, where it has a market share of about 46% in the two-wheeler category. In 2016 Hero MotoCorp invested a huge amount of 30 million dollars. For Ather Energy, the start of its journey has been with. Curated for curious tech lovers, the Ather S340 is a no compromise electric vehicle with a smart connected dashboard. Ather has received Rs 180 crore cash investment while Hero in exchange has picked 26-30 per cent stake in the company. Ather Energy was one of the earliest startup investments of Sachin Bansal when he invested around. Over time, we realized that about 99% of our orders were for Ather 450, a clear demonstration of the value of the Ather 450. When we launched Ather 340 and Ather 450, we believed that there would be a market for each of these products. Hero will acquire a 26% stake in Ather, which they can raise to 30% for an additional Rs 25 crore. Ather Energy Electric Scooter Review, Ather Energy NEWS. Ather was one of the earliest startup investments of Bansal. The service is open to all electric vehicles but has been deployed where Ather plans to launch its own electric scooter. It is anticipated that the move will increase the demand for Ather's electric vehicle and push manufacturing. Ather Energy, a Bangalore based start-up, that is currently designing a smart electric two-wheeler, has received funding of US $12 million (Rs 75. Ather Energy was one of the earliest startup investments of Sachin Bansal when he invested $0. Ather energy, the leading two-wheeler electric start-up was incubated in IIT Madras’ Research Park at Chennai is worth mentioning. Ather Energy Raised an investment of $51 Mn For Future Products - Ather is the first in the country to offer innovative purchase options like lease, with monthly payments as low as INR 2517, which make the intelligent electric scooter accessible to the 18 million Indian two-wheeler market. Electric scooter manufacturer, Ather Energy raises Rs. Ather Energy is building India's first intelligent electric scooter and an electric vehicle charging network - AtherGrid. Resources tell us that these scooters are much less expensive product that's coming shortly, with a cost that is far closer to 125cc ICE-powered. As the Centre and state governments are trying to promote emobility with a focus on two-wheelers, the investment in Ather, one of the leading startups, in this domain, is a positive development. 5 Mn in the firm as an Angel investor in 2014. An executive mind’s runs through parallel decision paths before converging on one. The Bengaluru-based firm, which is backed. It recently galloped a massive ₹180 crore investment from India’s largest two-wheeler manufacturer, Hero Motocorp. At Ather, we believe in the superiority of an electric drive. Sachin, and Binny Bansal, Flipkart's other co-founder, are the first investors in the company. The company is already planning its. Revolt Motors shares a lot of its fundamentals with Ather Energy, the Bangalore-based startup behind Ather 450 and Ather 340 electric scooters. There’s more money racing into India’s increasingly-competitive two-wheeler market after electric scooter maker Ather Energy said today it has raised $51 million in new funding. Electric scooter maker Ather Energy raised $51 million in a fresh round of funding, the startup said on Tuesday, at a time when rising pollution levels have prompted the India n government to push for more electric vehicles on the road. Electric Scooter Maker Ather Energy Eyeing to Raise Funds for Development Gauri Singh FUNDING comments Ather Energy is reportedly planning to raise an amount of Rs 200 crore – Rs 300 crore over the next year to expand to new markets and further its product development plans. That’s helped draw roughly $93 million in investment to Ather, including a $51 million round in May led by e-commerce marketplace Flipkart cofounder Sachin Bansal that valued it around $400 million. Read more about Ather Energy to invest Rs 130 cr to expand infra for EV charging on Business Standard. Ather Energy, an electric mobility solutions brand headquartered in Bengaluru Karnataka which also claims to be the first intelligent electric scooter manufacturer has raised an investment of USD 51 million in its latest round of funding. Calculate the heat output of the heating pump in BTUs per hour (a BTU is the amount of energy required to heat a pound of water 1 degree Fahrenheit and is equal to approximately 1. 055 kilojoules). MUMBAI: Ather Energy, Bengaluru-based electric scooter maker, closed an investment of $51 million in its latest round of funding, led by Sachin Bansal’s investment of $32 million. The funding is led by Sachin Bansal’s investment of USD 32 million. The company also introduced Ather 340 at INR 1. The Ather S340 has been under development for the past couple of years, and the start-up from IIT Madras has already put enthusiasts on Beta test-rides of the electric scooter. Ather Energy will also set up 6500 Ather Grid fast charging points across the country over the next 5 years with a projected investment of INR130 Cr. Ather Energy is the first Indian major venture to follow US car producer Tesla in designing, and building its own bike from scratch. The company also wants to invest Rs 2 lakh crore for manufacturing lithium batteries. The round was led by Nuveen, the investment management arm of TIAA. The cost of EVs is very high mainly due to the cost of Li-ion cells. The investment will give Hero MotoCorp a stake of 26-30% in Bengaluru-based Ather, which had previously raised funding from Flipkart founders Sachin Bansal and Binny Bansal and US hedge fund titan Tiger Global. In this Video you will see the news regarding Google Pay UPI Transactions, Shalimar Paint Q4 Result, Sun Pharma Q4 Result, ManPasand Beverages Case, Walmart Appoints Suresh Kumar as CTO, Ather. Ather Energy's real marketing pitch is to be an 'un-auto' company, says COO Venki Padmanabhan Anand Murali July 11, 2017 16 min For auto industry insiders, Venkatesh Padmanabhan is a familiar name. The company will deliver nearly 100 scooters, along with the new compact home. The service is open to all electric vehicles but has been deployed where Ather plans to launch its own electric scooter. Nick is the founder and Managing Director of Absolute Investment Partners and works with Aether Energy on sourcing and financing renewable energy projects globally. cofounder @ather energy. Ather Energy recently announced that it has successfully raised $51 million in a round led by Flipkart co-founder Sachin Bansal, who contributed $32 million. Tarun, founder of Ather Energy, the green technology company in news recently for rising external funding in electric bike segment. Ather Energy is in a business that is heavily dependent on use of latest technology. We've been closely following along the development of Ather Energy and their first scooter, S340. Qualcomm's stock slipped 0. Ather raised their first round of capital, $100,000, in February this year from Aerospike founder V Srinivas and the Technology Development Board, government of India. Tarun Mehta CEO Ather Energy Thank You Message to World Auto Forum GC – The First Go To Person of the CEO By Manjaree Chowdhary General Counsel Maruti Suzuki India Rohit Suri President & Managing Director JLR India Thank you Message to World Auto Forum. In this interview Tarun shares his journey so far with Ather, their startup story, about their product S340, his insights of EV market in India and many more. The bike will be developed ground-up by Ather and is called the S340. The Ather Space in Chennai is now the second of its kind in the country, and the new experience centre is said to be twice the size as compared to the one in Bengaluru, which was. The company is a Bangalore-based domestic hardware start-up that is working on building India’s first ‘smart’ scooter. The technology of the future does not lag on any parameter than the technology of today. Product Specifications. For our first product, Ather is building smart scooters for the Indian market. Hero MotoCorp is all set to invest up to Rs 205 crore in Ather Energy. It recently roped in ‘Chai King’ under its charging network ambit which will add 30 outlets across the city of Chennai. Ather Energy is the first Indian major venture to follow US car producer Tesla in designing, and building its own bike from scratch. Even at Deutsche Bank, where billions of euros of costs and 9,000 jobs are being cut, €1bn has been earmarked for investment in its global transaction banking division. Ather Energy is building India’s first intelligent electric scooter and an electric vehicle charging network - AtherGrid. The laws of thermodynamics were developed over the years as some of the most fundamental rules which are followed when a thermodynamic system goes through. The technology of the future does not lag on any parameter than the technology of today. Electric vehicles: Revving up, the Ather Energy way While electric automobiles are far from being mainstream, some companies around the world are trying to bank early upon the technology. Ather Energy, a Bangalore based start-up, that is currently designing a smart electric two-wheeler, has received funding of US $12 million (Rs 75. एथर एनर्जी 2020 तक 12 बड़े शहरों और 2022 तक 30 शहरों में लगभग 6500 चार्जिंग पॉइंट बनाएगी। इसकी शुरुआत चेन्नई, पुणे, हैदराबाद, दिल्ली और मुंबई से की जाएगी. Mehta is the founder of social enterprise Ather Energy which has developed an electric scooter specifically to suit Indian road conditions (it even has a reverse gear for backing out of parking spaces) and is setting up AtherGrid, a charging network for all electric vehicles which aims to reach 30 Indian cities. Resources tell us that these scooters are much less expensive product that's coming shortly, with a cost that is far closer to 125cc ICE-powered. Being the best electric scooters manufacturers in India, Ather Energy from the stage of 'electric isn't fun and it will be a poor experience five years ago is now investing in a new factory to manufacture close to half a million electric scooters every year. Ather Energy will also be looking at different business models such as rentals and ride-sharing which better utilizes the Ather 450 and Ather 340's connectivity features. Qualcomm's stock slipped 0. The company will deliver nearly 100 scooters, along with the new compact home. He may want to invest an additional USD50 million-USD100 million in Ather Energy. Ather 340 is priced at Rs 1,09,750. 5 million) in Ather Energy Pvt. Under 30 Alumni: Ather Energy Powers India With Electric Scooters. Currently, the leasing program is only available in Bangalore as the company operates in one city. Marking the largest investment in the smart electric two-wheeler segment in India, Ather Energy, the smart electric two-wheeler startup, today announced a fresh round of funding of Rs 180 crores from Hero MotoCorp for 26-30% stake. Ather Energy Commences Deliveries Of The 450 Electric Scooter In Chennai The world's second-largest truckmaker behind Daimler said orders for its trucks, including brands such as Mack and Renault, fell 45% from the same quarter last year. Ather Energy, Indias intelligent electric scooter manufacturer, raised $51 million in its latest round of funding, led by Flipkarts co-founder Sachin Bansals investment of $32 million. The investment will give Hero MotoCorp a stake of 26-30% in Bengaluru-based Ather, which had. Ashfaque Hasan Khan 12 14 18 50 58 79 94 2015325252. The smart electric scooter start-up is also planning to expand to about 50 cities across India in the same period. Ather Energy will also be looking at different business models such as rentals and ride-sharing which better utilizes the Ather 450 and Ather 340's connectivity features. Our end-to-end solution takes care of all your requirements - from identifying the right site to efficient energy production. Press Release – The Global Steering Group for Impact Investment (GSG) and the Aspen Network of Development Entrepreneurs (ANDE) announce Tarun Mehta of Ather Energy as the GSG Millennial Honor 2019 awardee. New Delhi: Country's largest two-wheeler maker Hero MotoCorp will invest up to Rs 205 crore in one or more tranches to acquire up to 30 per cent stake in Bengaluru-based Ather Energy Pvt. Ather Energy is building India's first intelligent electric scooter and an electric vehicle charging network - AtherGrid. For example: how would the top three candidates do in a particular role? how does a decision to invest in a particular market compares to alternate decisions to invest in another market or to not investing at all. The Ather S340 has been under development for the past couple of years, and the start-up from IIT Madras has already put enthusiasts on Beta test-rides of the electric scooter. The Gateway for Accelerated Innovation in Nuclear (GAIN) initiative, the Nuclear Energy Institute (NEI), and the Electric Power Research Institute (EPRI) hosted three technology-specific workshops to discuss the research, development, and demonstration (RD&D) needs of industries targeting advanced nuclear energy technologies. Where Ather Energy will deliver their Electric Scooters in huge numbers. But, this brings us to the question why would Hero invest in them. It recently roped in ‘Chai King’ under its charging network ambit which will add 30 outlets across the city of Chennai. This investment will help us continue to evolve our product and scale it towards launch,” said Tarun Mehta, chief executive officer (CEO) and co-founder of Ather Energy. Ather was one of the earliest startup investments of Bansal. Energy Risk Europe. The Hero MotoCorp Board has approved an investment of ₹ 205 Crore in a couple of tranches with a view to hold approximately 26 per cent-30 per cent of shares in Ather Energy Pvt Ltd. HeroMotor Corp invests in Ather Energy Leave a reply Country's largest two-wheeler maker Hero MotoCorp will invest up to Rs 205 crore in one or more tranches to acquire up to 30% stake in Bengaluru-based Ather Energy Pvt. The company will make an investment of USD 50-USD 100 million in the next few years. The cofounders of India-based Ather Energy, have built a smart e-scooter that is potentially faster, has more battery life and more power than current electric bikes. In 2019, Bansal invested USD 100 million in Ola Cabs. Hero MotoCorp to invest Rs 205 cr in EV startup Ather Energy. Oct 29, 2016, 16:30 PM IST. Green Building Council. The investment marks the third round of funding for Ather Energy and the largest investment in the smart electric two-wheeler segment in India. The city will see 50-55 Ather Grid points up and running by the end of the year. Electric Vehicles Policy India. Electric vehicles: Revving up, the Ather Energy way While electric automobiles are far from being mainstream, some companies around the world are trying to bank early upon the technology. Automobile major Ford Motor has funded car rental platform Zoomcar, and two-wheeler giant Hero MotoCorp has investment in electric vehicle manufacturer Ather Energy, in which Flipkart’s co-founder Sachin Bansal is also a stake holder. like other scooters let you do under the seat. The New York Times says it was more like $60. The Smartscooter is the first vehicle to be integrated into the Gogoro Energy. In addition to Sachin. Ather Energy will issue 66,320 compulsorily convertible debentures for the investment, Hero MotoCorp said in a stock-exchange filing. Ather Energy, an automobile design and manufacturing company, raised a fresh round of funding of INR 180 crores from Hero MotoCorp – for 26-30% stake. Ather Energy has commenced deliveries of its flagship scooter, the 450, in Chennai. While earlier government regulations hinted at 100 percent electric vehicles on Indian roads by 2030, that target now stands at 30 percent. The company also wants to invest Rs 2 lakh crore for manufacturing lithium batteries. Ather Energy - Manager - HR Analytics (3-6 yrs), Bangalore, HR Analytics,HR Consulting,HR Jobs in FMCG,HR Jobs in IT/ITeS,HR Jobs in Mfg/Auto,Analytics, iim mba jobs - iimjobs. In 2016 Hero MotoCorp invested a huge amount of 30 million dollars. Sachin Bansal invests $32 million in Ather Energy. Flipkart co-founder Sachin Bansal, an early investor in Ather Energy with Binny Bansal, is in talks to invest an additional $50-100 million in the electric scooter maker. The company is a Bangalore-based domestic hardware start-up that is working on building India’s first ‘smart’ scooter. Electric Vehicles Policy India. Ather Energy is a start-up focused on designing and selling premium electric two wheeler for the Indian market. I got lucky and was housed in Ganga at a time when Ganga had some of the most inspiring seniors in the institute. 60 crores in its manufacturing facility in Whitefield, Bangalore. Hero MotoCorp, the country's largest two-wheeler 1maker, on Thursday said it will invest up to Rs 205 crore in one or more tranches to acquire about 26-30 per cent stake in Bengaluru-based Ather E. The Bangalore based startup has also received funding from Tiger Global and Bansals from Flipkart. 5 rupees for gasoline motorbikes, depending on engine efficiency and traffic. Munjal has also invested in electric scooter start-up- Ather Energy and is exploring more opportunities to invest in electric mobility ventures. 5 million in the. In line with this, there are a bunch of intelligent algorithms onboard that literally try and move the scooter as fast as possible without breaking it. From indirect exposure via an energy-related stock to more direct investment in a commodity-linked ETF, the energy sector. Press alt + / to open this menu. Ather Energy, manufacturer of smart electric scooters, has chalked out plans for setting up a new manufacturing unit in South India. The electric scooter maker plans to setup a manufacturing facility to produce a million vehicles a year, and install 6,500 electric charging points across the country over the next five years. - Ather Energy's S340 could be. Hero MotorCorp invests Rs 20 cr in two-sheeler start-up Ather Energy Industry: Automobile November, 2017 Hero MotorCorp has invested an additional Rs 20 crore in Ather Energy, the smart electric two-wheeler start-up, as part of the company’s total commitment of Rs 205 crore for 26-30 percent of the stake in the company. Hero MotoCorp, India's largest two-wheeler manufacturer, is investing up to Rs 205 crore in electric automotive startup Ather Energy for a 26-30% stake in one of the biggest deals in the nascent. Sachin, and Binny Bansal, Flipkart's other co-founder, are the first investors in the company. Ather Energy's S340: After an epic delay, two IIT grads are racing to roll out India's first smart electric scooter — Quartz India Skip to. The funding was led by Sachin. At Ather, we have an internal product philosophy of ‘Move Fast And Don’t Break Things’. Hero MotorCorp invests Rs 20 cr in two-sheeler start-up Ather Energy Industry: Automobile November, 2017 Hero MotorCorp has invested an additional Rs 20 crore in Ather Energy, the smart electric two-wheeler start-up, as part of the company’s total commitment of Rs 205 crore for 26-30 percent of the stake in the company. Ather Energy Raised an investment of $51 Mn For Future Products - Ather is the first in the country to offer innovative purchase options like lease, with monthly payments as low as INR 2517, which make the intelligent electric scooter accessible to the 18 million Indian two-wheeler market. But, this brings us to the question why would Hero invest in them. Speaking on the investment, Tarun Mehta, CEO and co-founder of Ather Energy said, "The funding is a strong validation of our product roadmap and technology capability, endorsed by one of the biggest global automotive players. Ather Energy - Manager - HR Analytics (3-6 yrs), Bangalore, HR Analytics,HR Consulting,HR Jobs in FMCG,HR Jobs in IT/ITeS,HR Jobs in Mfg/Auto,Analytics, iim mba jobs - iimjobs. Ather Energy, India's first intelligent electric scooter manufacturer, raised an investment of $51 Mn in its latest round of funding, led by Sachin Bansal's investment of $32 Mn. Chennai became the second city where Ather is expanding after its successful commercial launch in Bengaluru in 2018. Indian electric scooter start-up Ather Energy has raised an investment of $51 million in its latest round of funding. The company has already started the installation of smart charging stations across Bengaluru. Will Platinum be Impacted by Electric Cars? Amanda Kay - June 18th, 2018 The auto industry is the largest consumer of platinum, but as electric cars become more mainstream demand from the sector. Ather S450 and S340 e-scooters launched with all inclusive Ather One Plan. people see grids they realize that if they invest in this product, they can charge it at any of the grid around the city. As per a report, Bansal is in talks with electric scooter maker Ather Energy to invest $50-100 million. 5 per cent of global R&D expenditure. They are a smart vehicle start-up based out of Bengaluru, India. Ather Energy, the Bengaluru based company known for its range of electric scooters has been gradually expanding its presence in the country, with Chennai being the second city after Bengaluru. Waa Madaxwaynihii Ugu Horeeyay Buur Orod Kaga Dega Isagoo Nigis Xidhan. Under 30 Alumni: Ather Energy Powers India With Electric Scooters “We didn’t start this to save the environment,” Tarun Mehta confides of the electric scooter company he cofounded in 2013 with college pal Swapnil Jain, Ather Energy. Bengaluru-based electric two-wheelers maker Ather Energy, has raised an investment of $51 Mn in its latest round of funding, led by Flipkart cofounder Sachin Bansal's who poured in $32 Mn. As for fuel, Ather Energy’s S340 can be juiced up from. Johnson for the suggestions and Mr. Ather Energy was one of the earliest start-up investments of Sachin Bansal when he invested $0. The investment, of course, will be subject to the carrying out of agreements and completion. Our primary sectors include oil and natural gas, metals and minerals and agriculture and timber. Home Buzz Hyundai And Kia To Invest In Ola Ola Electric Mobility is by far the most well-funded startup in the space after electric scooter startup Ather Energy. There are 77 engineers in Ather Energy; the various departments are mechanical, electronics, software, production and design teams. Ltd that makes electric vehicles. All content is posted anonymously by employees working at Ather Energy. The tablet can also help track the scooter in case of theft. The prepared Investment Plan aims to introduce ESO investment goals, directions, and volumes to the wi-dest possible range of stakeholders: society, custo-mers, regulatory institutions, energy sector and fore-ign investors. Ather has been investing in setting up fast charging infrastructure in Bengaluru & Chennai. Ather Energy gets big ticket investment from Hero MotoCorp Jaishankar Jayaramiah October 28, 2016 453 Views India’s largest two wheeler maker Hero MotoCorp has invested Rs 180 crore in Bangalore-based smart electric scooter making start-up Ather Energy. It was only recently when Hero MotoCorp announced their interest to invest Rs 130 crore in Ather Energy, in addition to the 205-crore investment made back in 2016. Under 30 Alumni: Ather Energy Powers India With Electric Scooters. Tarun Mehta, Co-founder & CEO, Ather Energy, was quoted as saying by Business Standard that the government has already moved the GST Council to lower GST on EVs to five per cent from 12 per cent. Prior to the proposed investment, HMCL's shareholding. Since developing the first radiosonde in 1936, Vaisala has over 80 years of experience in professional weather observations. Sachin Bansal has made another big investment in the Indian startup ecosystem. Hero MotoCorp is all set to invest up to Rs 205 crore in Ather Energy. 5 rupees for gasoline motorbikes, depending on engine efficiency and traffic. The bike will be developed ground-up by Ather and is called the S340. Marking the largest investment in the smart electric two-wheeler segment in India, Ather Energy, the smart electric two-wheeler startup, today announced a fresh round of funding of Rs 180 crores from Hero MotoCorp for 26-30% stake. Country's largest two-wheeler maker Hero MotoCorp will invest up to Rs 205 crore in one or more tranches to acquire up to 30 per cent stake in Bengaluru-based Ather Energy Pvt. Ather Energy Electric Scooter Review, Ather Energy NEWS Affordable Ather electric scooter in the works It had been about a year back that Ather Energy advised me it is likely two scooters by 2021. Rchana Siddiqui CHAPTER 5 What Ails Pakistan's Public Finances Dr. In 2016 Hero MotoCorp invested a huge amount of 30 million dollars. Experienced Technology & Business Executive. The average power purchase agreement for its wind turbines is 14 years, with investment-grade offtakers like utilities. Can Ather Energy Stick To Its Vision of Being More Than Just Another E-Bike Company? The company's series B funding has come from the world's largest two-wheeler manufacturer. The increased revenue collection allows the government to run its activities, enhance its expenditure on various public work programmes and provide the needed space to initiate new projects for economic development. The Hero MotoCorp Board has approved an investment of Rs. Divide the heat output by the total energy input of the heating pump in kilowatts (a kilowatt is equal to 1000 watts). The easiest way to invest in energy is to buy an ETF with broad exposure to the sector. The company will utilise the latest funds to scale up its current book size and expand into new geographies. Investing in oil markets means investors have a diverse array of options. Read latest news and live updates on Ather-energy including breaking news on Ather-energy,Ather-energy photos,Ather-energy videos and many more at cnbctv18. 13 lakh (on-road) while the Ather 340 will cost Rs 1. The company is a Bangalore-based domestic hardware start-up that is working on building India's first 'smart' scooter. "Watching Ather closely since my early investment in 2014, I am convinced that the ecosystem that Ather is building with their products is the future of urban mobility. He may want to invest an additional USD50 million-USD100 million in Ather Energy. Calculate the heat output of the heating pump in BTUs per hour (a BTU is the amount of energy required to heat a pound of water 1 degree Fahrenheit and is equal to approximately 1. To be priced between Honda Activa and a Piaggio Vespa. To promote a greener India, Bangalore-based startup Ather Energy launched their disruptive, intelligent, electric scooters Ather 450 and Ather 340. Ather Energy will launch India’s first ‘smart’ electric scooter – the S340 – in the first quarter of 2017. Our primary sectors include oil and natural gas, metals and minerals and agriculture and timber. “Ere many generations pass, our machinery will be driven by a power obtainable at any point in the universe. The company also has growth opportunities, with $1 billion in new capital commitments for its development arm, called Pattern Development 2. The Ather 450 is an innovative and cutting edge electric scooter from e-scooter startup Ather Energy from India. The company has already started the installation of smart charging stations across Bengaluru. 205 crore for about 26-30% shareholding in Bangalore-based tech start-up Ather Energy Pvt. It is rather naive or stupid to invest in Ather at this point of time. AAA tested the BMW i3s, the Chevrolet Bolt EV, the Nissan Leaf, the Tesla Model S and. Ather Energy has long-term plans, which begin with its smart, electric scooters - the Ather 340 and 450. एथर एनर्जी 2020 तक 12 बड़े शहरों और 2022 तक 30 शहरों में लगभग 6500 चार्जिंग पॉइंट बनाएगी। इसकी शुरुआत चेन्नई, पुणे, हैदराबाद, दिल्ली और मुंबई से की जाएगी. Calculating COP. The Smartscooter is the first vehicle to be integrated into the Gogoro Energy. Ather Energy: At this point in time that is not the focus. The government decided to pay the firm to drop the case in a $26. This is the Pawan Munjal-led company's second investment after it separated from Honda Motor Co. As far as EVs in India go - that is what Ather is striving towards. Over half of that total — $19 trillion — will be required by the oil and gas sector for exploration, transportation, and production increases. This is the Ather Energy company profile. Ather Energy Raised an investment of $51 Mn For Future Products - Ather is the first in the country to offer innovative purchase options like lease, with monthly payments as low as INR 2517, which make the intelligent electric scooter accessible to the 18 million Indian two-wheeler market. Thus, the government has planned to invest INR 100 billion ($1. We believe smart connected electric vehicles are the future and India will be an important global player in it. Discovering and drilling for the important minerals used for industry and the technology sector remains incredibly important as existing mines are becoming depleted. The Ather 450 is the higher performance model. The decision to increase the production would be taken after the first batch of scooters have rolled out. Electric Scooter Maker Ather Energy Eyeing to Raise Funds for Development Gauri Singh FUNDING comments Ather Energy is reportedly planning to raise an amount of Rs 200 crore - Rs 300 crore over the next year to expand to new markets and further its product development plans. Apply to Ather Energy - Senior HR Business Partner (23691197) Jobs in Bangalore at Ather Energy. BENGALURU|NEW DELHI: Hero MotoCorp, India's largest two-wheeler manufacturer, is investing up to Rs 205 crore in electric automotive startup Ather Energy for a 26-30% stake in one of the biggest deals in the nascent sector. As far as EVs in India go – that is what Ather is striving towards. Ather Energy, which is founded by IIT-Madras alumni Tarun Mehta and Swapnil Jain, is located inside the IIT-Madras campus. With the fast public chargers set up by Ather, 450 owners will have charging available both at home and free charging across the city until December 2019. I know Ramesh for several years and is a bundle of energy and constantly looks at ways and means of building customer relationships. Electric vehicle startup Ather Energy is planning to invest close to $10 million in its manufacturing facility. Last year, according to media reports, Ather Energy was planning to invest close to $10 million in its manufacturing facility. We will get the other products out soon but we need to first perfect our technology with this scooter. We have learnt a great deal from the first delivery of Ather scooters, and have implemented a few changes for a better charging experience. Glassdoor gives you an inside look at what it's like to work at Ather Energy, including salaries, reviews, office photos, and more. Ather's long term vision targets replacing all two wheeler in the market with electric one's. Ather has. Ather Energy co-founders turned to Sachin Bansal for advice and hit the jackpot with electric scooter Ather’s electric scooter has a low center of gravity that can facilitate sharp turns and an. On September 11, Ather Energy, a Bengaluru-based electric two-wheeler start-up funded by Tiger Global and the Hero group, handed over 10 spanking new electric scooters to their owners. That's a great start from Ather Energy in the 2nd quarter of 2019. 42 per cent, from the previous close. The company also wants to invest Rs 2 lakh crore for manufacturing lithium batteries. Reddy for the interest in Ather. Ather Energy, India’s first locally designed and manufactured intelligent scooter brand, has added additional subscription plans for the Ather 450 & 340, based on the success of Ather One, the complete hassle free ownership plan. The cost of EVs is very high mainly due to the cost of Li-ion cells. A preview of what LinkedIn members have to say about Tarun: " Tarun is a very diligent and creative member of the group who with his enthusiasm and energy can bring a lot of value addition to the team. Ather Energy Commences Deliveries Of The 450 Electric Scooter In Chennai The world's second-largest truckmaker behind Daimler said orders for its trucks, including brands such as Mack and Renault, fell 45% from the same quarter last year. Ather Energy, a relatively young electric automobile startup plans to clone Tesla’s charging infrastructure business model and implement it in India. Ather Energy had until now followed a strategy of focusing only on its home market and had planned to invest roughly $1 million to set up adequate charging infrastructure in the city before it began deliveries. In total, the company has raised. Ather is establishing that superiority by building electric vehicles which are practical for urban usage. At Ather, they believe in the superiority of an electric drive. "The board of directors of the company, in its meeting held on October 26, 2016, approved an investment of up to Rs 205 crore, in one or more tranches, for approximately 26-30 per cent shareholding in Ather Energy Private Ltd," Hero MotoCorp said in a BSE filing. Politics Trump claimed he turned a 'small' $1 million loan from his father into an empire. IN Team had a conversation with Mr. Electric vehicle startup Ather Energy is planning to invest close to $10 million in its manufacturing facility. Today Ather Energy announced its plan to enter the Indian Auto Hub- Chennai, in June. A significant move in this direction is the creation of smart scooters. Sachin Bansal had invested $0. Co-founder and CEO of Ather Energy, Tarun Mehta, Co-founder & CEO, Ather Energy said, "Electric vehicles are here to stay and Ather is playing a leading role in driving this change. एथर एनर्जी 2020 तक 12 बड़े शहरों और 2022 तक 30 शहरों में लगभग 6500 चार्जिंग पॉइंट बनाएगी। इसकी शुरुआत चेन्नई, पुणे, हैदराबाद, दिल्ली और मुंबई से की जाएगी. Ather Energy was one of the earliest start-up investments of Sachin Bansal when he invested $0. The requirement of a lot of upfront capital expenditure in the initial stages, products’ long journey from conception to market readiness, and absence of immediate return on investment proved detrimental. The news of investment in Ather Energy comes days after Ratan Tata invested an undisclosed amount in OLA Electric Mobility, a subsidiary of Uber's competitor in India — Ola Cabs. Sachin Bansal had backed Ather in the early stage with $0. More Players in EV Industry in India is Good: Ather Energy While Okinawa has launched its Lithium-ion powered Ridge+ scooter at Rs 65,000, KYMCO-22Motors shall bring Ionex technology to FLOW Electric Scooter next year. PR Newswire’s news distribution, targeting, monitoring and marketing solutions help you connect and engage with target audiences across the globe. While Okinawa is already building a new plant in northern India to more than treble its capacity to a million electric scooters a year, Ather is scouting for a site to set up its second plant. Ather Energy will issue 66,320 compulsorily convertible debentures for the investment, Hero MotoCorp said in a stock-exchange filing. The funding was led by Sachin. ET Startup Awards 2016: Ather Energy is building India's first smart electric scooter Students are wont to dream, they dream of building cars, scooters, rockets and satellites. Proceeds from the latest round will be used for further engineering-and-testing validation for the S340 bike, as well as for infrastructure building, such as chargers. Ather Energy Electric Scooter Review, Ather Energy NEWS. Speaking on the investment, Tarun Mehta, CEO and co-founder of Ather Energy said, “The funding is a strong validation of our product roadmap and technology capability, endorsed by one of the biggest global automotive players. Ather 450 deliveries begin in Chennai 19 Oct, 2019, 01. Ather Energy - Manager - HR Analytics (3-6 yrs), Bangalore, HR Analytics,HR Consulting,HR Jobs in FMCG,HR Jobs in IT/ITeS,HR Jobs in Mfg/Auto,Analytics, iim mba jobs - iimjobs. Find latest news & updates, photos and videos about Ather Energy only on The Indian Wire. We will get the other products out soon but we need to first perfect our technology with this scooter. 05 on BSE, down 1. Electric Vehicles Policy India. Electric vehicle startup Ather Energy has raised seed funding from Flipkart founders Sachin and Binny Bansal, the company said on Tuesday. The city will see 50-55 Ather Grid points up and running by the end of the year. Electric vehicles: Revving up, the Ather Energy way While electric automobiles are far from being mainstream, some companies around the world are trying to bank early upon the technology. Our primary sectors include oil and natural gas, metals and minerals and agriculture and timber. Malicious actors state-sponsored and otherwise have and will continue to try to influence the outcome of U. Hero MotoCorp, India's largest two-wheeler manufacturer, is investing up to Rs 205 crore in electric automotive startup Ather Energy for a 26-30% stake in one of the biggest deals in the nascent. Ather S450 and S340 e-scooters launched with all inclusive Ather One Plan. BENGALURU: Electric scooter maker Ather Energy raised US$51 million in a fresh round of funding, the startup said on Tuesday, at a time when rising pollution levels have prompted the Indian. Ather Energy is a start-up which unveiled India's first smart electric scooter in February 2016. Toyota is investing an undisclosed sum in Uber to expand ridesharing across the world. Considering this, it did not make sense to invest in the production of a variant with very very low demand. In 2014, it received Rs 45 lakh from the Technology Development Board under Department of Science and Technology, IIT Madras, and Srini V Srinivasan, IIT alumnus and founder of Aerospike. The technology of the future does not lag on any parameter than the technology of today. The company will utilise the latest funds to scale up its current book size and expand into new geographies. The company said that Bansal, who made an angel investment of $500,000 in Ather five years ago, contributed $32 million. New Delhi: New Delhi-based two-wheeler maker Hero MotoCorp Ltd on Thursday said that its board has approved an investment of up to Rs. Our primary sectors include oil and natural gas, metals and minerals and agriculture and timber. Ather Energy, the smart electric two-wheeler start-up, announced a fresh round of funding of INR 180 crores from Hero MotoCorp for 26-30% stake. The Bangalore based electric scooter start-up created some ripples with their concept model in the past. How to get the best possible pension in 2016 Whether you're one or twenty years off retirement - our guide will help you acheive your best retirement fund. More than 300 million people depend to some extent on the basin’s water, yet a growing population, increasing food and energy demands, climate change, and shifting monsoon patterns are exerting increasing pressure. Electric two-wheeler start-up Ather Energy will get a funding of up to Rs 205 crore from Hero MotoCorp for their upcoming S340 scooter. is a boutique investment management firm formed to offer private equity funds focused exclusively on real assets. Ather Energy scouting for location to start a larger manufacturing unit.