News > Ather Energy raises fresh round of funding: $35 Mn led by Sachin Bansal
Ather Energy raises fresh round of funding: $35 Mn led by Sachin Bansal
Analytics Insight | 07/11/2020 04:19 PM | Click to read full article
Ather Energy, one of India’s first intelligent electric scooter manufacturers, has raised an investment of $35 Mn in its latest round of Series D led by Sachin Bansal’s investment of $23 Mn.
Hero MotoCorp has also invested $12 Mn as a part of the Series D round in Ather Energy. The continued investment by the existing investors is a manifestation of confidence in the brand and the sector.