Sunday, 05 July 2026India Venture Review · Vol. I · 2026Live · ₹4,200 Cr tracked this quarter
ClimateTech · Bengaluru
Ather Energy
Premium electric scooters
Stage
Series E
Total funding
$432M
₹3.59K Cr
Founded
2013
HQ
Bengaluru
The biography of a startup, told through capital
Funding Journey
From founding to today
6 rounds · $432M raised over 12.4 yrs
Founded 2013
Latest · 05 Jun 2026
First institutional cheque
$7M
Seed
Jan 2014
Start
Product-market fit
$16M
Series A
Jun 2017
$35M
Series B
Nov 2019
$77M
Series C
May 2021
Expansion funding
$169M
Series D
Oct 2024
$128M
Series E
Jun 2026
Today
Capital growth
How Ather Energy scaled, in capital raised
Cumulative · USD
Funding Intelligence
Largest round
$169M
Series D · 2024
Most active lead
Blume Ventures
2 rounds led
Capital growth
$7M → $432M
Cumulative raised
First → latest
12.4 yrs
2014 → 2026
Avg. between rounds
30 mo
Pace of fundraising
Total rounds
6
Seed to today
Every cheque, on record
All Funding Rounds
Showing 6 of 6 roundsTotal raised · $432M
- 05 Jun 2026Series E$128M₹1.06K Cr
- 02 Oct 2024Series D$169M₹1.40K Cr
- 22 May 2021Series C$77M₹639 Cr
- 15 Nov 2019Series B$35M₹291 Cr
- 08 Jun 2017Series A$16M₹133 Cr
- 01 Jan 2014Seed$7M₹58 Cr
Why it matters
Startup Intelligence
- What they do
- Ather Energy is a ClimateTech company headquartered in Bengaluru, focused on premium electric scooters.
- Problem solved
- Tackling structural inefficiency in India's climatetech value chain.
- Why investors care
- Strong Series E traction, India-first distribution, and capital efficiency.
- What to watch next
- Expansion of ARR, geographic reach beyond Bengaluru, and upcoming round signals.
In the press
News & Articles
- The Economic Times12 Jun 2026Ather Energy eyes 2x ARR growth as it doubles down on climatetech expansion
Founders outline the next 18-month roadmap and hiring plans across Bengaluru and beyond.
- Inc4204 May 2026Inside Ather Energy's playbook: how it built a defensible moat in Indian climatetech
A deep-dive into product strategy, GTM motion, and how investors evaluate the next milestone.
- YourStory21 Mar 2026Ather Energy hires senior leadership ahead of the next funding round
New CXO appointments signal scale-up ambitions and operational maturity.
- Moneycontrol08 Feb 2026Analyst view: why Ather Energy is one to watch in ClimateTech
Sector benchmarks, comparable multiples, and what could drive the next valuation step-up.