Ather Energy raises ₹1,300 Cr via QIP; total capital infusion hits ₹2,500 Cr

Ather Energy raised ₹1,300 Cr through qualified institutional placement at ₹1,202 per share, with existing investors adding ₹1,200 Cr for a total of ₹2,500 Cr to fund manufacturing and product expansion. Capital is flowing to proven EV builders—watch for accelerated production ramps and new category launches.

Source: Inc42 ↗