Ather Energy to file Rs 4,500 crore IPO papers next week

Tiger Global-backed Ather Energy is set to file its draft prospectus for an IPO next week, targeting a $2.5 billion valuation. The electric scooter maker aims to raise Rs 4,500 crore through the offering. Facing competition from Ola Electric and TVS Motor, Ather recently joined the unicorn club with funding from NIIF.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/XtcGfnD