Hero MotoCorp owned electric scooter startup Ather Energy, is reportedly preparing to raise between Rs 200 - 300 crore in coming 10 months to expand into fresher markets such as Chennai and Pune.
This investment will support Ather’s needs for a year, and company would raise more funds in the next coming years for its future expansion and product development plans including entering into Delhi.
Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The company is engaged in the manufacturing and selling of motorized two-wheelers, spare parts and related services.
