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Ather Energy
Ather Energy is an Indian electric two-wheeler manufacturer headquartered in Bengaluru. It was founded by Tarun Mehta and Swapnil Jain in 2013. It manufactures electric scooters including the Ather 450 series and Ather Rizta. It has EV manufacturing facilities in Whitefield, Bangalore and Hosur, Tamil Nadu. It is India's fourth-largest electric two-wheeler manufacturer after Ola Electric, TVS Motor Company and Bajaj Auto. It has also established an electric vehicle charging network across India called Ather Grid. History Ather Energy was founded in 2013 by Tarun Mehta and Swapnil Jain. In early 2014, it received from the Technology Development Board under the Department of Science and Technology, IIT Madras and Srini V Srinivasan, an IIT alumnus and founder of Aerospike. In December 2014, Flipkart founders, Sachin Bansal and Binny Bansal, invested $1 million as seed capital. In May 2015, it received $12 million from Tiger Global for investments in development, test ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tamil Nadu
Tamil Nadu (; , TN) is the southernmost States and union territories of India, state of India. The List of states and union territories of India by area, tenth largest Indian state by area and the List of states and union territories of India by population, sixth largest by population, Tamil Nadu is the home of the Tamil people, who speak the Tamil language—the state's official language and one of the longest surviving Classical languages of India, classical languages of the world. The capital and largest city is Chennai. Located on the south-eastern coast of the Indian peninsula, Tamil Nadu is straddled by the Western Ghats and Deccan Plateau in the west, the Eastern Ghats in the north, the Eastern Coastal Plains lining the Bay of Bengal in the east, the Gulf of Mannar and the Palk Strait to the south-east, the Laccadive Sea at the southern Cape (geography), cape of the peninsula, with the river Kaveri bisecting the state. Politically, Tamil Nadu is bound by the Indian sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venture Debt
Venture debt or venture lending (related: "venture leasing") is a type of debt financing provided to venture-backed companies by specialized banks or non-bank lenders to fund working capital or capital expenses, such as purchasing equipment. Venture debt can complement venture capital and provide value to fast growing companies and their investors. Unlike traditional bank lending, venture debt is available to startups and growth companies that do not have positive cash flows or significant assets to give as collateral. Venture debt providers combine their loans with warrants, or rights to purchase equity, to compensate for the higher risk of default, although this is not always the case. Venture debt can be a source of capital for entrepreneurial companies. As a complement to equity financing, venture debt provides growth capital to extend the cash runway of a startup company to achieve the next milestone while minimizing equity dilution for both employees and investors. Types o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Convertible Debt
In finance, a convertible bond, convertible note, or convertible debt (or a convertible debenture if it has a maturity of greater than 10 years) is a type of bond that the holder can convert into a specified number of shares of common stock in the issuing company or cash of equal value. It is a hybrid security with debt- and equity-like features. It originated in the mid-19th century, and was used by early speculators such as Jacob Little and Daniel Drew to counter market cornering. Convertible bonds are also considered debt security because the companies agree to give fixed or floating interest rate as they do in common bonds for the funds of investor. To compensate for having additional value through the option to convert the bond to stock, a convertible bond typically has a coupon rate lower than that of similar, non-convertible debt. The investor receives the potential upside of conversion into equity while protecting downside with cash flow from the coupon payments a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scooter (motorcycle)
A scooter (motor scooter) is a motorcycle with an underbone or step-through frame, a seat, a transmission that shifts without the operator having to operate a clutch lever, a platform for their feet, and with a method of operation that emphasizes comfort and fuel economy in automobiles, fuel economy. Elements of scooter design were present in some of the earliest motorcycles, and motor scooters have been made since at least 1914. More recently, scooters have evolved to include scooters exceeding 250cc classified as Maxi-scooters. The global popularity of motor scooters dates from the post-World War II introductions of the Vespa and Lambretta models in Italy. These scooters were intended to provide economical personal transportation (engines from ). The original layout is still widely used in this application. Scooter (motorcycle)#Maxi-scooter, Maxi-scooters, with larger engines from have been developed for Western markets. Scooters are popular for personal transportation par ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tiger Global
Tiger Global Management, LLC (often referred to as Tiger Global and formerly known as Tiger Technology) is an American investment firm founded by Chase Coleman III, a former Tiger Management employee under Julian Robertson, in March 2001. It mainly focuses on internet, software, consumer, and financial technology companies. Background and history Chase Coleman III was a protégé of Julian Robertson and from 1997 to 2000 worked as a technology analyst for the firm, Tiger Management. In 2000, Robertson closed Tiger Management, and entrusted Coleman with over $25 million to manage, making him one of the 30 or more so-called " Tiger Cubs", fund managers who started their fund management careers with Tiger Management. In 2001, Coleman established Tiger Technology (which would be later renamed to Tiger Global Management, LLC), as a hedge fund to invest in the public equity market. In 2003, Scott Shleifer helped Tiger Global expand into investing in the private equity marke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seed Money
Seed money, also known as seed funding or seed capital, is a form of securities offering in which an investor puts capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term ''seed'' suggests that this is a very early investment, meant to support the business until it can generate cash of its own (see cash flow), or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding, and crowdfunding. Usage Traditionally, companies that have yet to meet listing requirements or qualify for bank loans, recognize VC as providers of financial support and value added services. Seed money can be used to pay for preliminary operations such as market research and product development. Investors can be the founders themselves, using savings and loans. They can be family members and friends of the founders. Investors can also be outside angel investors, venture ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Binny Bansal
Binny Bansal (born 1982/1983) is an Indian billionaire Internet entrepreneur. As of February 2024, his net worth was estimated at US$1.4 billion. In 2007 he co-founded the e-commerce platform Flipkart. He was the chief operating officer until January 2016, when he was promoted to chief executive officer (CEO). In January 2017 he was promoted to group CEO, then resigned in November 2018 due to personal misconduct allegations of Flipkart. He is an anchor investor in the venture firm 021 Capital. In 2019, Bansal invested in the endowment fund of the Indian Institute of Technology (IIT) Delhi. Early life Binny Bansal was born around 1982/1983. His father was a chief manager at a bank and his mother is in the government sector. He is originally from Chandigarh, the capital city of Punjab and Haryana. He was educated at St. Anne's Convent School, Chandigarh. He studied software programming at IIT Delhi. He graduated from the Indian Institute of Technology Delhi with a degree in co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sachin Bansal
Sachin Bansal (born 5 August 1981) is an Indian entrepreneur. He is best known as the founder of Flipkart During his over 11 year career at Flipkart, Bansal was CEO and chairman. In 2018, Bansal exited Flipkart following the Walmart deal. In 2007, Sachin Bansal and Binny Bansal (not related) founded Flipkart whose valuation in 2018 was $20.8 billion. In 2018, Bansal held a 5.5 per cent stake in Flipkart, which he sold to Walmart and his net worth then was a little over $1 billion. Sachin Bansal is now the managing director of Navi Group, a financial services company. Early life Bansal was born in Chandigarh, India, on 5 August 1981. His father is a businessman and his mother, is a homemaker. Bansal was educated at St. Anne's Convent School, Chandigarh. After completing his schooling Sachin appeared for IIT JEE exam on his first attempt he got all India rank of 2470. It was there that he regularised his schedule even more. And then in his second attempt he got an All India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flipkart
Flipkart Inc. is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home bravia bedsheets essentials, groceries, and lifestyle products. In 2025, the company shifted domicile from Singapore to India. The service competes primarily with Amazon India and domestic rival Snapdeal. As of FY23, Flipkart held a 48% market share in the Indian e-commerce industry. Flipkart has a dominant position in the apparel segment, bolstered by its acquisition of Myntra, and was described as being "neck and neck" with Amazon in the sale of electronics and mobile phones. History 2007–2010: Start-up phase Flipkart was founded in October 2007 in Bangalore by Sachin Bansal and Binny Bansal, alumni of the IIT Delhi and former Amazon employees. The company was started from a two-bedroom ap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aerospike (company)
Aerospike is the company behind the Aerospike NoSQL distributed database management system. Citrusleaf, a Mountain View, California based company which rebranded to Aerospike in August 2012, announced the product in 2011. The software is used by developers to deploy real-time big data Big data primarily refers to data sets that are too large or complex to be dealt with by traditional data processing, data-processing application software, software. Data with many entries (rows) offer greater statistical power, while data with ... applications. History Citrusleaf was founded in 2009 by Gian-Paolo Musumeci, CTO Brian Bulkowski, and vice president of engineering and operations Srini V. Srinivasan. The company rebranded to Aerospike in 2012. The database was initially used mainly in the advertising industry as a server-side cookie store, where read and write performance is paramount. It formed the core user data storage for adMarketplace and several other advertising compani ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IIT Madras
The Indian Institute of Technology Madras (IIT Madras or IIT-M) is a public technical university located in Chennai, Tamil Nadu, India. It is one of the eight public Institutes of Eminence of India. As an Indian Institute of Technology (IIT), IIT Madras is also recognized as an Institute of National Importance. Founded in 1959 with technical, academic and financial assistance from the then government of West Germany, IITM was the third Indian Institute of Technology established by the Government of India. IIT Madras has consistently ranked as the best engineering institute in India by the Ministry of Education's National Institutional Ranking Framework (NIRF) since the ranking's inception in 2016. History In 1956, the West German Government rendered technical assistance to establish a state-of-the-art engineering institute in India. Soon, the first Indo-German agreement was signed in Bonn, West Germany in 1959 for the establishment of the Indian Institute of Technology i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
