In the news: Ather Energy Pvt Ltd covered by various newspapers for clinching $1 million investment from Flipkart founders

Flipkart founders Sachin Bansal and Binny Bansal have invested $1 million in Ather Energy Pvt Ltd. Ather Energy, an electric vehicle start-upĀ  based out of the incubation cellĀ  of IIT Madras focuses on designing high-speed electric two-wheelers for the Indian market.

Ather also raised $1 million in February this year from V Srinivas (founder, Aerospike) and the Technology Development Board, Government of India.

More about the news can be read at :

The Economic Times: Flipkart founders Sachin & Binny Bansal invest $1 mn in electric vehicle start-up Ather

NDTV Profit: Flipkart Founders Invest $1 Million in Electric Vehicle Start-Up Ather

The Hindu Business Line: Flipkart founders invest $1 million in electric vehicle start-up Ather