Ather Energy, an electric scooter maker, plans a $2.4 billion IPO, doubling its value from August.
Electric two-wheeler maker Ather Energy plans to value itself at $2.4 billion in its upcoming IPO, a significant jump from its $1.3 billion valuation in August. The company, which filed for its IPO with India's securities regulator, aims to raise $360 million and has seen its market share grow to 16%, surpassing rival Ola Electric. Ather plans to expand its service centers and charging networks.
3 months ago
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