Ather Energy plans $200M share sale to fund manufacturing and retail expansion
Ather Energy is said to plan a $200 million QIP as early as next week, with proceeds earmarked for manufacturing expansion, scaling its retail network and new product investment amid intensifying competition in India's electric two-wheeler market from Ola Electric, TVS and Bajaj.
Ather Energy plans a $200M QIP as early as next week to fund manufacturing expansion, scale its retail network and invest in new products amid intensifying competition in India's electric two-wheeler market.