September 18, 2024 04:50 (IST)
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Ather Energy attains unicorn status after raising $71 million from National Investment and Infrastructure Fund

Ather Energy attains unicorn status after raising $71 million from National Investment and Infrastructure Fund

Hyderabad: Electric two-wheeler maker Ather Energy has raised $71 million in a new funding round led by its existing investor, the National Investment and Infrastructure Fund (NIIF), elevating the company's valuation to $1.3 billion and securing its status as a unicorn, according to sources familiar with the matter, Moneycontrol reported.