Khaitan & Co advised Ather Energy Private Limited on the deal
Ather Energy Pvt. Ltd has raised $51 million in its latest investment round, led by existing investor Sachin Bansal.
In addition to the equity round, Ather Energy said it has also raised $8 million in debt from venture debt firm Innoven Capital.
Ather Energy Pvt. Ltd. designs, manufactures, and markets electric scooters. The company sells its products on pre-order basis in Bengaluru, Chennai, and Pune, India.
Khaitan & Co advised Ather Energy Private Limited on the deal with a team including Rajiv Khaitan (Picture), Sharad Moudgal, Sanjay Khan Nagra, B N Vivek and Sanjay Krishna.
Law Firms: Khaitan & Co.;
Clients: Ather Energy Pvt. Ltd.;