Is Ather an Indian company?
Ather Energy is an Indian electric vehicle company, designing and building intelligent electric scooters. Co-founded in 2013 by IIT graduates – Tarun Mehta and Swapnil Jain, Ather Energy is one of the few hardware startups in India. It was founded by Tarun Mehta and Swapnil Jain in 2013. It manufactures electric scooters including the Ather 450 series and Ather Rizta.Amara Raja Energy & Mobility Ltd (ARE&M) has announced a major partnership with electric scooter manufacturer Ather Energy. This is a big step forward for India’s electric mobility sector.
Who is the CEO of Ather?
Tarun Mehta – Co-founder & CEO at Ather Energy | LinkedIn. Tarun Mehta graduated from IIT Madras with a degree in Engineering Design (Dual Degree 2012). Along with Swapnil Jain, he conceptualised and started ‘Ather Energy’ in April 2013. Ather developed India’s first smart electric scooter that aims to revolutionise two-wheeler driving in India.
Is the Ather company in loss?
Ather Energy Q4 Results: Ather Energy reported a net loss of Rs 100 crore for Q4 FY26, a 57% decrease year-on-year, alongside a 74% revenue jump to Rs 1,175 crore. The company’s EBITDA loss narrowed significantly, driven by strong volume growth and improved unit economics, with deliveries reaching 83,418 units. Ather Energy’s Investors NIIF, located in Mumbai (India), made their first investment in Ather Energy on Jan 14, 2022 in its Series E round. Innoven Capital, located in Mumbai (India), made their first investment in Ather Energy on May 28, 2019 in its Venture Debt round.Ather Energy is forecast to grow earnings and revenue by 68. EPS is expected to grow by 69. Return on equity is forecast to be 8.