Ather Will Raise INR 286.5 Crore in Equity and Debt, While the Cofounders Will Invest INR 86.5 Crore
By: Yashika Goel
Ather's board authorized a plan to raise equity capital of INR 86.6 Cr from its founders, Tarun Mehta and Swapnil Jain, by issuing 74,148 Series F CCPS.