Ather Energy raises $51 million in funding round led by Sachin Bansal
Updated : May 28, 2019 06:53 PM IST
Ather also announced that the company is planning a new manufacturing facility which will be designed to produce 1 million vehicles a year.
Ather has also kicked off pre-orders in Chennai and has plans to scale to 30 cities by the end of 2023.
Bansal was an early investor in the startup founded by IIT Madras alumni Mehta and Swapnil Jain, investing as an angel investor in 2014.