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Ather Energy gets board nod for Rs 1,200 crore fund raise, Hero MotoCorp to invest Rs 960 crore

News ·

Ather Energy secured Rs 1,200 crore from investors including Hero MotoCorp. Hero MotoCorp will increase its stake to 30.68 percent after this funding. India-Japan Fund also invested nearly Rs 200 crore in the company. Promoters Tarun Mehta and Swapnil Jain will also receive warrants for Rs 20 crore each.

What this means

This story is part of Rail 24's ongoing investments coverage. We summarise reporting from News so you can quickly scan what changed and why it matters for travellers, commuters and the wider Indian transport sector, then read the full original article at the source. Rail 24 aggregates trusted investments sources and refreshes them continuously so you always see the latest developments in one place.

This investments update was reported by News on and curated by Rail 24. For the complete report, visit the original source below.

Read the full story at News

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> 48 hours 12 - 48 hours 4 - 12 hours < 4 hours Departed
More than 48 hours remaining before scheduled departure.
Refund Amount
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Calculation Breakdown

Original Fare Paid: ₹650
Deduction Applied: - ₹120
Estimated Refund: ₹530
IRCTC Rule Applied:

For confirmed tickets cancelled more than 48 hours before scheduled train departure, a flat cancellation fee is deducted depending on the travel class.

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