Swapnil Jain
Founder
AE
Ather Energy
Ather Energy manufactures electric scooters equipped with smart technology, including Ather Connect for navigation and real-time alerts, and offers a robust fast-charging network with over 3,100 charging stations across India. The company addresses the need for sustainable urban transportation by providing efficient electric mobility solutions that reduce reliance on fossil fuels.
- Clean Technology
- Hardware
- Mobility & Transportation
Updated 22 months ago
Funding
Raised to date
$71.5MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Tarun Mehta
Founder
Product
Problem
Urban commuters face increasing challenges related to traffic congestion, air pollution, and the rising costs associated with traditional fossil fuel-based transportation. The need for sustainable and efficient personal transportation solutions is critical for improving urban living conditions and reducing environmental impact.
Solution
Ather Energy manufactures and distributes a range of electric scooters designed to provide a smart, sustainable, and efficient urban transportation alternative. These scooters integrate advanced technology such as Ather Connect for enhanced navigation, real-time vehicle monitoring, and smart features accessible via a mobile app. Ather Energy also develops and maintains a fast-charging network, Ather Grid, offering convenient charging access to its customers. The company's comprehensive approach aims to reduce reliance on fossil fuels and promote eco-friendly commuting.
Target Audience
The primary target audience includes urban commuters seeking an eco-friendly, cost-effective, and technologically advanced alternative to traditional petrol scooters and cars.
Features
- Integrated Ather Connect platform providing turn-by-turn navigation, over-the-air (OTA) updates, and ride statistics
- Mobile app connectivity for remote monitoring of scooter status, theft and tow alerts, and ride history
- Multiple riding modes (Eco, Ride, Sport, and Warp) to optimize performance and energy consumption
- High-performance electric motors delivering rapid acceleration and a top speed suitable for urban environments
- Fast-charging capabilities via the Ather Grid network, providing up to 15 km of range in 10 minutes
- Eight70™ battery warranty covering degradation, ensuring battery health remains above 70% for up to 8 years
- Optional Smart Helmets with integrated Bluetooth connectivity for calls, music, and navigation
- Flexipay options for flexible financing