Ather Energy Plans ₹2,500 Crore Fund Raise

Ather Energy has approved a ₹2,500 crore fundraising plan and is reportedly in talks with at least three investment banks to appoint advisors. The fund raise, likely to launch in July, includes ₹1,500 crore through a QIP and ₹1,000 crore via other equity-linked instruments, aimed at supporting the EV maker’s expansion and growth plans. $ATHERENERG