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Electric Two Wheelers

Ather Energy Secures New Investment Of $51 Million In Latest Round Of Funding
car&bike Team
May 28, 2019, 11:15 PM
Indian electric scooter start-up Ather Energy has raised an investment of $51 million in its latest round of funding. The new investment was led by Sachin Bansal's $32 million, and his second with the electric mobility company after coming on board as an angel investor with $0.5 million in 2014. In addition to Bansal, Hero MotoCorp has converted its convertible debt of $19 million as a part of this round, while InnoVen Capital has extended an $8 million venture debt.
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