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Ather Energy rides high on electric scooters, may hit sales of 1 mn by 2023

Ather Energy has already received over Rs 800 crore from marquee PE players like Tiger Global, investors like Sachin and Binny Bansal, and Hero Motors, amongst others

Ather Energy
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Tarun Mehta (left) and Swapnil Jain’s start-up Ather Energy, which commercially launched two electric scooters in 2018, expects to sell over 10,000 vehicles in Bengaluru, Chennai and Hyderabad this year

New Delhi
It all began with a dream and a funding of just Rs 5 lakh from the incubation centre at IIT Madras, the alma mater of Tarun Mehta and Swapnil Jain.

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First Published: Jul 31 2019 | 2:19 AM IST

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