Hero MotoCorp bought this stake at an inferred valuation of Rs 5,636 crore. This is a premium to the Rs 4,666-crore valuation at which the company had invested Rs 140 crore in Ather in December 2023.
Latest articles
Startups
Zepto is hyperlocal Walmart of India, will focus on top 40 cities: CEO Aadit Palicha
Zepto, a quick commerce platform in India, raised $665 million in funding, valuing the...
Startups
Inside the rise and fall of Indian Twitter rival Koo
Koo, the Indian social media platform aiming to rival Twitter, has closed down due...
Information Tech (IT)
Hemant Lamba resigns as Infosys Executive VP
In his resignation letter marked to Infosys CEO Salil Parekh, Lamba wrote: "I am...
Information Tech (IT)
Glean Technologies sets up India office, to invest up to $50 million
US-based Glean Technologies, which offers AI assistant platforms for businesses, has chosen to set...
More like this
Startups
Zepto is hyperlocal Walmart of India, will focus on top 40 cities: CEO Aadit Palicha
Zepto, a quick commerce platform in India, raised $665 million in funding, valuing the...
Startups
Inside the rise and fall of Indian Twitter rival Koo
Koo, the Indian social media platform aiming to rival Twitter, has closed down due...
Information Tech (IT)
Hemant Lamba resigns as Infosys Executive VP
In his resignation letter marked to Infosys CEO Salil Parekh, Lamba wrote: "I am...