{"id":383099,"date":"2020-11-09T09:16:00","date_gmt":"2020-11-09T03:46:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=383099"},"modified":"2020-11-09T11:34:59","modified_gmt":"2020-11-09T06:04:59","slug":"ather-energy-raises-35-million-in-funding-round-led-by-sachin-bansal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ather-energy-raises-35-million-in-funding-round-led-by-sachin-bansal\/","title":{"rendered":"Ather Energy raises $35 million in funding round led by Sachin Bansal"},"content":{"rendered":"<p>Hero MotoCorp-backed electric two-wheeler maker Ather Energy on Saturday said it has raised funds to the tune of $ 35 million in a funding round led by Flipkart co-founder Sachin Bansal\u2019s investment of $ 23 million. <\/p>\n<p>Besides Bansal, Hero MotoCorp has also invested $ 12 million as a part of the Series D round in the EV startup, according to a release.<\/p>\n<p>This round of investment will allow Ather Energy to accelerate its expansion plans and speed up the deliveries of its electric scooter, Ather 450X, the Bengaluru-based startup said.<\/p>\n<p>Ather Energy was one of the earliest start-up investments of Bansal, who chipped in as an angel investor with $ 0.5 million funds in the firm in 2014. <\/p>\n<p>With this round, Bansal&#8217;s total investment in the startup stands at $ 53 million, according to the release.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hero MotoCorp-backed electric two-wheeler maker Ather Energy on Saturday said it has raised funds to the tune of $ 35 million in a funding round led by Flipkart co-founder Sachin Bansal\u2019s investment of $ 23 million. Besides Bansal, Hero MotoCorp has also invested $ 12 million as a part of the Series D round in the EV startup, according to a release. This round of investment will allow Ather Energy to accelerate its expansion plans and speed up the deliveries of its electric scooter, Ather 450X, the Bengaluru-based startup said. Ather Energy was one of the earliest start-up investments of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-383099","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/383099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=383099"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/383099\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=383099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=383099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=383099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}