Ather Seeks ₹2,500 Cr Fresh Infusion Post IPO

Ather Energy is raising ₹2,500 crore via a qualified institutional placement just over a year after its ₹2,626 crore IPO. The funds will support R&D, marketing, and debt repayment. The company posted a 66% revenue jump to ₹3,823 crore and narrowed EBITDA losses to 2.5% in the March quarter.