Sachin Bansal invests $32 million in EV manufacturer Ather Energy
Sachin Bansal, co-founder of e-commerce platform Flipkart, Tuesday announced investment of $32 million in electric vehicle manufacturer Ather Energy, which has raised $51 million in its latest round of funding.
Ather Energy was one of the earliest startup investments of Bansal, when he invested $500,000 in the firm as an angel investor in 2014.
Since 2014, Bansal has made 18 investments in local, early-stage startups where the deal size was $1-2 million. In 2019, Bansal invested $100 million in Ola Cabs.
