Ather April 2000
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Ather April 2000
Ather Energy is an Indian Electric motorcycles and scooters, 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 (company), Aerospike. In December 2014, Flipkart founders, Sachin Bansal and Binny Bansal, invested $1 million as Seed money, seed capital. In May 2015, it received $12 mill ...
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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 ...
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