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Govt Joins Ather Energy's ₹1,200 Cr Raise With ₹200 Cr Via India-Japan Fund

The government will invest ₹200 crore via the India-Japan Fund in EV two-wheeler maker Ather Energy's ₹1,200-crore preferential issue, alongside Hero MotoCorp (₹960 crore) and founders, part of a broader ₹2,500-crore fundraise.

Reported figures

From the report. Source details below

  • 29,422 June registrations

Other figures

  • ₹40 crore founders
  • shares up 9% to ₹1,309.7
  • 16.2% market share

The source

Source Read the source at Outlook Business

Published

Confirmed by YourStory, CNBC-TV18

First seen