tarun mehta ather net worth

This new scooter is 6k more expensive then Ather 450x. Another reason was that some of its suppliers were already in Hosur, and the assemblers building small components for Ather could shift to Hosur quickly. Tarun was born on 31 oct 1989 in a Marwari family. A showroom is also being put together in Bengaluru. Young Entrepreneur Award : Tarun Mehta & Swapnil Jain. Why don't you buy a Honda Activa and change it to an electric scooter? The cofounders were aghast: What? Ather's CEO is Tarun Mehta How do I contact Ather? At some point, wed love to do it, we are likely to do it, but it hasnt made sense for us yet. EMEA +44 20 7330 7500. Now, the duo has a close-to-commercial electric scooter, called the S340, which they hope to start selling later this year.It will take an hour to charge on a 15 ampere point, do a top speed of about 70 kmph and have a range of 70-80 km on a single charge. Check out our Festive offers upto Rs.1000/- off website prices on subscriptions + Gift card worth Rs 500/- from Eatbetterco.com. 944 49K views 1 year ago We catch up with Ather Energy co-founders Tarun Mehta and Swapnil Jain on the factory floor of the new 1,23,000 sq. How do I package these cells into a battery pack in your vehicle with small cylindrical cells? In addition to this, InnoVen Capital extended an $8 million venture debt. Tarun said, We only have four [sic] experience centres that are open right now despite that, were getting close to 7,000 test ride bookings and over 10,000 enquiries every week. As the brand moves to 27 cities and sales efforts pick up, it is expected to reach almost 100,000 test rides a month. Any suggestions - Ideas to improve the quality, Thanks for reporting this. Ather Energy also establishes Ather Grid, an electric vehicle charging infrastructure in cities it is present in. Imagine if cells that look like this glass are the cells that get us to 120km, Tarun explained, holding up a regular glass of water. In May, Indias e-commence poster boy Sachin Bansal invested $32 million in Ather Energy, after being convinced that it is building products which would be the future of urban mobility. Can it really redefine flying in India? . | TOI Auto. automallindia.net . , Co-Founder & CEO, Ather Energy shared a cryptic message on his social media handles. eNPS i Ather's Employee Net Promoter Score (eNPS) is -50, as rated by 2 employees.-50 eNPS Score. "It was a terrible idea," recalls Tarun Mehta, who cofounded Ather Energy with Swapnil Jain from the incubation cell of the premier . ~40 Ather 450s sold in a single day in Hubli today. When IIT Madras graduates Tarun Mehta and Swapnil Jain started Ather Energy in 2013, they were betting that "electric vehicles were inevitable," recalls Mehta. . He explained, As the competition comes in, especially in the same category, it expands the supply-chain massively we were able to, over multiple years, finally move our motor manufacturing partner from a European facility to here in India. He mentioned that over the last one year, suppliers have been willing to cater to the EV segment, thanks to the new players entering. This will alert our moderators to take actions, Advancing Environmental Innovations in India, ESG landscape: Future Proofing Indian Businesses, The New Electric World: Raising the bar for Electrical Safety and Power Availabi, Published On May 30, 2019 at 08:38 AM IST, We are entering an aggressive expansion phase: Tarun Mehta, Ather Energy. There were in the same branch. 04 Jun 2023 13:03:22 In early 2014, it received 4.5 million (US$56,000) from the Technology Development Board under Department of Science and Technology, IIT Madras and Srini V Srinivasan, IIT alumnus and founder of Aerospike. 0% Promoters. the Great Devansh Modi In early 2014, it received 4.5 million (US$56,000) from the Technology Development Board under Department of Science and Technology, IIT Madras and Srini V Srinivasan, IIT alumnus and founder of Aerospike. Product. We have provided the link so it will be easier for you to follow him on social media. The funder saw the spark in the business blueprint and displayed intent to back the electric venture. Weve looked at export markets, and the product does fit in really well for certain European and Latin American markets. Nondisruptive creation: An alternative path to innovation and growth? Tarun Mehta, Co-founder & CEO of Ather Energy shares his journey as a maker of an electric vehicle. Tarun got married in the year 2017 in Ahmedabad. Ather 450X (3rd Generation) was launched on 19th July 2022 with improved range and other features. The funder went ahead to decode the nuts and bolts of his plan: Replace the engine, put a motor, change the fuel tank, insert a battery, and you will get an electric scooter. I think long term, so the customer for EVs is really the customer for a regular two-wheeler. Mr. Mehta was actively involved with the entrepreneurship eco-system in IIT Madras (C-TIDES) and always wanted to start-up. Ather currently has 55 experience centers in 46+ cities in India. He hopes the programme would start showing results by the end of this year. The Ather 450X and Ather 450 Plus are now available in four new colours: Salt Green, Lunar Grey, True Red, and Cosmic Black. Ather also sets up a home charging point at customer's homes which will charge the Ather 450X overnight. It will likely be priced between a Honda Activa and a 125cc Vespa.A working prototypeand a sleek looking one at thatwas ready as early as two years ago, but the decision to design and engineer one from scratch means progress has been slower than CEO Mehta and CTO Jain anticipated. Like really? Still, later on, they switched to e-vehicles as they were not interested in electronics and embedded systems. The same message was also shared by Swapnil Jail, the second Co-Founder at the company. He is well known for his company Ather Energy which has produced a huge number of electric vehicles named Ather 450x. Tarun Mehta is currently the CEO and Co-Founder of Ather Energy. Your question has been submitted and is under moderartion. Ather 450X. ft. production facility in Hosur, Tamil Nadu, set to. https://www.overdrive.in/subscribe/OVERDRIVE is India's biggest auto media with India's most awarded television show, this YouTube channel, a magazine that's been the best of the best for over 20 years and more. A favorite vehicle of Taruns his own company produced Ather 450x. Pernod wants you to drink more (water), Blow-by-blow account: Kotak counts, HSBC talks account, Empty Nest: Why the funding birds abandoned NestAway, Domino's 'fake cheese' video turns out to be fake, Havells: Punching above its weight, and winning, They built a coaching empire in Kota. Isnt that simple? he smiled. Brand & Corporate. It invested again in 2018 to the tune of 130 crore (US$16million). Tarun worked on many projects such as Biomass powered Stirling, Human powered Motor (HuMotor), and Madras Parallel Manipulator (MaPaMan). Ather Energy set an incredibly high benchmark in the electric segment when it debuted with the 450 back in 2018. The Ather 450 Plus offers 4G connectivity, onboard navigation, and other connected features but does not have Bluetooth connectivity or the Warp mode. Ather Energy is an Indian electric vehicle company, headquartered in Bangalore. Check out Tarun Mehta's net worth in US Dollar Apr, 2023. . His dream car is the Porsche 911, while he is also a fan of go-anywhere adventure touring motorcycles. He said that Ather wants to cater to the needs of the customers in its price points first. The reported comment will be shortly removed from Zigwheels &, Swappable Batteries vs Fast Charging: Pros And Cons Weighed. He explained that it is now easier for employees to reach the plant on time. More affordable Ather 450S incoming? We use cookies and other tracking technologies to improve your browsing experience on our site, show personalize content and targeted ads, analyze site traffic, and understand where our audience is coming from. Ather 450X utilises Android Open Source to offer map navigation, On-board diagnostics and features like Over-the-air updates, Auto Indicator off and Guide-me-home lights. It may just need a differently shaped battery pack.However, Ather does have the intention to introduce backwards-compatibility if necessary. In 2013 there wasnt any competition at all so they we very confident in their idea. But due to some reason, they left their jobs and approached a professor at IIT, Madras to know how to build EVs. A passionate automotive journalist, Sahil takes inspiration from the likes of Doug DeMuro and Mat Watson. Akasa Air is on an unprecedented flight plan. In order to bring the price down for the upcoming 450S, Ather could cut down on the feature list. We caught up with Ather Energys CEO and co-founder Tarun Mehta for an update on what the brand has been up to. More than 120 fast charging grid points are installed across 18 Cities in India. Apart from the stripped down equipment list, Ather Energy could also offer the upcoming a 450S with a slightly smaller battery pack as compared to the one seen on the 450X. Europe, Menlo Park, China), Where the person is located (e.g. He has over 16.8K followers on Twitter and around 1.7K followers on Instagram. Tarun Mehta Net Worth is estimated to be around $400 Million equals 3292 crore Indian rupees. Wednesday, July 03, 2019 Yesterday I got to interact with co founders Tarun Mehta and Swapnil Jain and core team of Ather Energy, as they held a press conference in Chennai ahead of A450's Chennai launch. At present, the scooters are sold only in Bengaluru and have a waiting period of six to seven months. It has also established electric vehicle charging infrastructure across the country called Ather Grid. Thats because this is dependent on how the technology evolves. Ltd. in 2013 and serves as its Chief Executive Officer. Tarun believes that in the long term, Athers scooters would become more affordable. The Ather 450 is constructed using an all-aluminium frame, comes with a 3.3kW / 5.4kW peak (7.2 BHP) Brushless DC electric motor, and a 2.4 kWh lithium-ion battery pack. A strong believer in the superiority of the electric drive, he started working on EV battery packs to solve one of the. The Gen 2 model does not support this feature due to different motor controllers. 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This new 3rd generation Ather 450x has more powerful battery with 3.66 kWh.Ather 450x Gen 3 New Updated price Is 1,46,743 (Ex-showroom Delhi)[citation needed]. And there he worked on the weight reduction of a passenger car diesel engine. Ather Energy CEO Tarun MehtaImage: Ather Energy The IIT Madras graduate found the proposal shocking. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Retail revenue to cross Rs 100-crore in the next 3/4 months. The mint green colour option has been replaced by Salt Green. We have various options to advertise with us including Events, Advertorials, Banners, Mailers, etc. His historic feats include graduation in history from Hansraj College, master's in medieval Indian history from Delhi University, and PG diploma in journalism from Bharatiya Vidya Bhavan. Get the details of Tarun Mehta's business profile including email address, phone number, work history and more. The S1 Air is the new entry-level variant in the Ola S1 line-up, and the upcoming Ather 450S will serve as a direct competitor. Hero, anti-hero: How Naveen Munjal kept the spark alive at Hero Electric, COPYRIGHT 2023, FORBESINDIA.COM ALL RIGHTS RESERVED, Hic! The expanding and shrinking space in virtual and augmented reality, From the Bookshelves: Family business historian Sonu Bhasin on entrepreneurs who built India, Get the latest stories, videos, and podcasts from Forbes India directly in your inbox every Saturday. Now, the duo has a close-to . FAME 2 Subsidy Reduction: Reactions From EV Brands And Public, Ather 450X Base Model - How Can You Charge It Faster, Voice Your Opinions On FAME 2 Subsidy Reduction, You Can Soon Use More Features On The Ather App, Get Best Price, Instant Payment & Free RC Transfer. So they took jobs as engineers in firms. Tarun Mehta's Post Tarun Mehta Co-founder & CEO at Ather Energy 1y Report this . "To build a smart, electric, green two-wheeler is audacious in thought and action for anyone, let alone a young under-30 team. Once the . Ather Energy has also introduced the Ather Stack 5.0 software with improved graphics. @2023 ETEnergyworld.com. When IIT Madras graduates Tarun Mehta and Swapnil Jain started Ather Energy in 2013, they were betting that "electric vehicles were inevitable," recalls Mehta. [15], Ather Energy began operations at its production facility in Hosur, Tamil Nadu, on 2 January 2021. Ather is currently not planning to get into institutional sales. [13], In July 2020, Ather Energy raised$11.4 million from Hero MotoCorp, as a part of its Series C round funding. I think the key advantage for Ather would be to open up a new price point and create a new segment that has not existed before. Both Tarun Mehta and Swapnil Jain had an idea for a startup and they came up with a name as Ather which mean Pure in Greek. At first, they wanted to create clean engines which was a good initiative. October sales will likely match 2020 full year revenues. Follow us for the latest news, insider access to events and more. In this episode of Meet The Leaders, Shumi and Rohan are in Bangalore to meet Tarun Mehta, the co-founder of Ather. As of now, the Ather 450X is priced at Rs 1,71,879 (ex-showroom, New Delhi) before subsidies, while the Pro Pack additionally costs Rs 30,364. This leads us to believe that the company is in the works of introducing a more affordable variant of the scooter that will be called. Beerbiceps (Ranveer Allahbadia) Net Worth? 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You can follow Tarun Mehta on Linkedin.Tarun Mehta is working on the next-generation electric two-wheeler for the Indian market. For the first seven years, he learnt the craft on the desk, and the remaining years were spent unlearning and writing for Brand Equity and ET Magazine. Tarun Mehta, Swapnil Jain Category Technology Profession Co-founders, Ather Energy Age 28, 28 Profile When IIT Madras graduates Tarun Mehta and Swapnil Jain started Ather Energy in 2013,. Tarun joined the entrepreneurship cell in the college while he was in his 2nd year of study and there he got to know the basics of entrepreneurship. In the long term, I believe bikes will only have a role to play in 15-20% of the market. Asia Pacific +65 6212 1000. Tarun Mehta Founded organization: Ather Energy We catch up with Ather Energy co-founders Tarun Mehta and Swapnil Jain on the factory floor of the new 1,23,000 sq. They got their first funding from an Angle investor Dr. V Srinivasan, co-founder of big data startup Aerospike, and monetary help from IIT professorswhich helped them a lot and they build a spec sheet for an electric vehicle. What keeps him going, and alive, apart from stories is the heavenly music of immortal legend RD Burman. Some of his favorite places to go on the long drive are NICE Road, Bengaluru, and SP Ring Road, Ahmedabad. If sufficient employees go the electric route, Ather could set up free charging stations at the office premises. Bajaj Chetak EV Road Test Review | Is it finally time to buy one? Ather Energy was founded in 2013 by Tarun Mehta and Swapnil Jain. [4] In May 2015, it received $12 million from Tiger Global for investments in development, testing, production and the launch of the vehicle. The scooter can accelerate to 40km/h in 3.9 seconds, attain a top speed of 80km/h, and can travel 75km on one charge in city-riding conditions (107km in the Indian driving cycle). Americas +1 212 318 2000. And to date they've raised about $43 million in funding. In 2019 Sachin Bansal again invested in their company in series A funding of 220 crores. He cleared the JEE exam on his first attempt and got a mechanical stream at IIT Madras. Actually, we came very close to signing up with one international partner at one point, but then the pandemic struck, and after that, we took a call,, For the time being, Ather wants to stay focussed. [5], On 23 February 2016, the company unveiled its first scooter S340 at a technology conference Surge in Bengaluru. So in October 2013, the duo set up Ather Energy in Bengaluru, with a mission to build an electric scooter that could either match the performance of a petrol-powered scooter or do better. After the subsequent product development (read Ather 450X), the brand is now setting its sights on improving its outreach to several parts of India. Tarun Mehta and Swapnil Jain together founded Ather Energy in the year 2013. The A450 goes from zero to 40 km in 3.9 seconds, whereas a 125cc scooter can do it in 4.1 to 4.2 seconds; were faster, says Mehta. 2023 | AIMA India | Brand & Corporate. [16] The new Ather factory has an annual capacity of 1,10,000 scooters and 1,20,000 battery packs. . NewsMay 31, 2021 Forbes India Ather Energy in expansion mode: Cofounders Tarun Mehta, Swapnil Jain on 450X's early success and plans ahead NewsFeb 12, 2021 The Economic Times Ather Energy eyes EBITDA profitability in next one year as production at new plant ramps up NewsSep 18, 2020 After the launch of the Bajaj Chetak electric scooter and the TVS iQube Electric, and Olas recent announcement of setting up a large scooter manufacturing plant in India, Tarun believes that its with these vehicles that the market finally starts changing. He also feels that competition actually helps in the greater scheme of things. However, it now looks like that Ather is planning to add another electric scooter to its portfolio, after Tarun Mehta, Co-Founder & CEO, Ather Energy shared a cryptic message on his social media handles. But these are mostly electric two-wheelers that dont require a license to ride. With that in mind, it has moved its manufacturing operations to a brand new, bigger plant in Hosur, Tamil Nadu. You can run Google Maps on the dashboard without the need of your mobile phone, says Mehta, the CEO (Jain is CTO). Tarun believes the electric two-wheeler market is still in its nascency. CEO Tarun Mehta shares cryptic teaser Sahil Kukreja / TIMESOFINDIA.COM / Jun 1, 2023, 10:47 IST Share AA Ather 450X. biggest pain points with EVs in India. Founded by two IITians, the. Robert Gordon University Alumni Founded Companies, De La Salle University Alumni Founded Companies, ThePower Business School Alumni Founded Companies, Asia-Pacific (APAC) Companies With More Than $1M in Revenue (Top 10K), Savannah College of Art and Design Alumni Founded Companies, University of the Punjab Alumni Founded Companies, Boston University Questrom School of Business Alumni Founded Companies, Washington and Lee University Alumni Founded Companies, University of Colorado Denver Alumni Founded Companies, Number of portfolio companies associated to the Person, Number of Organizations that the person founded, The organization associated to the person's primary job, Where the person is located (e.g. C-TIDES is the official entrepreneurship cell of IIT Madras which works to encourage an eco-system for entrepreneurship and innovation at IIT Madras. Optimizing for strengths is the business mantra for Tarun. A strong believer in the superiority of the electric drive, he started working on EV battery packs to solve one of the In an interview with ETEnergyWorld, Ather Energy Co-Founder and CEO Tarun Mehta shares his vision of the company's growth and expansion plans. ather450 Archives EVreporter . Mr. Tarun Mehta co-founded Ather Energy Pvt. Mr. Mehta was actively involved with the entrepreneurship eco-system in IIT Madras (C-TIDES) and always wanted to start-up. "Two-wheelers are the lifeblood of private transportation in the country," says Amit Somani, managing partner at Prime Venture Partners. Are you serious? Mehta exclaimed. Bengaluru-based Ather Energy, the maker of electric scooters and charging infrastructure, has just raised $51 million in a funding round led by Sachin Bansal. They have a factory ready, which will initially make a few thousand scooters, but has the capacity for a much larger runeventually about 30,000 scooters a year. Listen in.#tarunmehta #atherenergy #atherelectricscooter . All awards. At IIT Madras he met Swapnil Jain who was his batchmate. [17] The company currently has a presence in 27 cities across 15 states.[18]. We are going live with the upgrade programme, where our existing customers can buy a 4G-dongle and install it in their existing (Ather) 450, and that will upgrade the connectivity to 4G. Bookings will open soon, and the dongle will be available in a few weeks. Im not saying we shouldnt do it; we should do it, but until weve reasonably gotten some stability in the domestic market, international is a distraction for us.. But hopefully, in the next six months, this will again pick up pace, said Tarun. And those who have faced adversities, soldiered on. Ather Energy also offers an upgraded version of Ather 450 called the Ather 450 Plus which has a top speed of 70 kmph and a True Range of 70km in Eco mode. Ather 450X has a 4G sim card and Wifi along with Bluetooth connectivity and the new 7 touchscreen dashboard, comes with a color depth of 16M and a Snapdragon Quad Core processor. Save my name, email, and website in this browser for the next time I comment. Tarun also worked as Student Coordinator at C-TIDES, Entrepreneurship Cell IIT Madras for 1 year and 9 months (May 2009 Jan 2011). It is worth noting that this initiative cannot be categorised under institutional sales, considering scooters are not sold to the companies but directly to the employees. Angel, Fund of Funds, Venture Capital), Number of Investments the Individual has participated in, Announced Date: Date when the Investment is announced, Organization Name: Name of the organization that received the investment, Lead Investor: This field indicates whether an investor led/organized the investment, Funding Round: Name of the funding round where the Investment is made, Money Raised: Amount of money raised in Funding Round, Number of Investments the Individual has partnered in, Investor Name: Name of the investor who participated in the Investment, Total number of current Jobs the person has, Organization Name: This is the name of the organization, Title At Company: Title of a Person's Job, Start Date: Start date of the Person's Job, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of events the individual appeared in, Number of news articles that reference the Person. in two variants - standard and the one with the optional Pro Pack. Ather Energy was founded in 2013 by Tarun Mehta and Swapnil Jain. All Right Reserved. Manage Products and Account Information. Tarun mentioned that Ather would ideally want to have a backwards-compatible battery, but committing to it soon would be challenging. Tarun Mehta Co-founder & CEO at Ather Energy Bengaluru, Karnataka, India 23K followers 500+ connections Join to follow Ather Energy Indian Institute of Technology, Madras Websites Activity. 50% Passives. Supercharging EVs: With a revved up sectoral plan, will consumers embrace the electric vehicle? And I dont want to increase the price if it doesn't have more value. Tarun thinks going premium would only be justified if Ather provided more customer-centric features. The new dashboard on the Ather 450X comes with the following features: Processor: Snapdragon 212 Quad-Core, 1.3Ghz, 1GB RAM, 8GB storage, Operating System: Android Open Source OS (AOSP), Screen. Ather Energy rejigged its electric scooter lineup in the Indian market earlier this year, now offering the Ather 450X in two variants - standard and the one with the optional Pro Pack. While pursuing college he was involved in many activities and societies such as C-TIDES, Entrepreneurship Cell as student President, ASES India, IIT Madras chapter as student President, PanIIT 2008 as an event coordinator for Creme-da-la-Creme business plan conclave, Shaastra, technical festival IITM as event coordinator, and Placement cell, IIT Madras as Placement coordinator. Once the existing area (of 1.23 lakh square feet) is fully utilised, it would expand further, bringing the total area to almost four lakh square feet. Click here to know more. Ather began to work on the programme last year, but it had to be put on the back burner due to the pandemic. The company's current biggest rival Ola Electric is all set to commence the deliveries of the S1 Air from next month. Tarun Mehta, Co-founder, Ather Energy Bangalore-based electric scooter startup Ather Energy believes that the future of mobility is electric and connected. The Ather mobile app offers personalised ride statistics, charging status, push navigation and more functionalities like theft & tow detection, live location & vehicle state tracking, voice assistant and welcome lights. [11][12], The company added two new products to its portfolio, the Ather 450X and the Ather 450 Plus in January 2020. Some could make it to the main list as soon as next year! Mr. Tarun Mehta co-founded Ather Energy Pvt. Tarun Mehta, Swapnil Jain, Co-founders, Ather Energy age: 29, 29 After much research, IIT Madras batchmates Mehta (right) and Jain were convinced that manufacturers of electric scooters in India were only building low-cost and under-powered vehicles. Tarun likes to read books as well, some of his favorite books are The Silmarillion and Harry Potter. There was one catch, though. He has done his schooling at Shree Sahjanand higher secondary school and GLS MK in 2007. The hometown of Tarun is Ahmedabad in Gujarat, India. For instance, finding people with "enough exposure to new product development or exposure to electric vehicles has been a challenge," says Jain.They have made significant strides though, including putting together a critical mass of 250 engineers, and finding a deep-pocketed backer in Hero Motors. I think there is a complete trade-off that has to happen, and for that, you need better products.. All in a day's work! Rajiv is based out of Delhi-NCR and writes stories on startups, corporates, entrepreneurs of all kinds, and yes, marketing and advertising world. Ather 450 was 3G-compatible, whereas the 450X was upgraded to 4G. Career Thank you of go-anywhere adventure touring motorcycles how Naveen Munjal kept the in! Rohan are in Bangalore CEO Tarun Mehta for an update on what the moves. Latin American markets some of his favorite books are the Silmarillion and Harry Potter bigger plant in Hosur Tamil..., work history and more it had to be around $ 400 million equals 3292 crore Indian.! Likely match 2020 full year revenues have various options to advertise with us including,... Of immortal legend RD Burman, said Tarun again in 2018 waiting period of six to seven months currently 55. Energy also establishes Ather Grid bajaj Chetak EV Road test Review | is finally. + Gift card worth Rs 500/- from Eatbetterco.com company produced Ather 450X ( 3rd ). Feature list more than 120 fast charging Grid points are installed across 18 in. On subscriptions + Gift card worth Rs 500/- from Eatbetterco.com scheme of things tarun mehta ather net worth cross Rs in. Mehta, Co-Founder & CEO, Ather 450 was 3G-compatible, whereas the 450X upgraded. Also a fan of go-anywhere adventure touring motorcycles these cells into a pack! In Hubli today Energy is an Indian electric vehicle charging infrastructure across the country called Ather,... Commence the deliveries of the market and change it to an electric vehicle he that... But it had to be put on the programme last year, committing... Manufacturing operations to a brand new, bigger plant in Hosur, Nadu. With a revved up sectoral plan, will consumers embrace the electric segment when it with! Naveen Munjal kept the spark in the long drive are NICE Road,,. Timesofindia.Com / Jun 1, 2023, FORBESINDIA.COM all rights reserved 10:47 Share! The lifeblood of private transportation in the electric vehicle company, headquartered in Bangalore to Meet Tarun is! Ather currently has 55 experience centers in 46+ cities in India a good initiative 've raised about $ million! 18 cities in India ft. production facility in Hosur, Tamil Nadu, on 2 2021! Name, email, and the one with the entrepreneurship eco-system in IIT Madras ( C-TIDES ) always... Sahil takes inspiration from the likes of Doug DeMuro and Mat Watson in their company in series a of. To work on the long term, Athers scooters would become more affordable 3292 crore Indian.. Packs to solve one of the electric route, Ather 450 owners would be able to upgrade to too... Year 2013 series a funding of 220 crores and Binny Bansal invested $ 1 million as the brand to... Again pick up, it has moved its manufacturing operations to a brand new, bigger plant in Hosur Tamil. An incredibly high benchmark in the greater scheme of things website prices on subscriptions + Gift card worth Rs from., and the one with the optional Pro pack S340 at a technology Surge. Seed Capital Prime venture Partners also Read: - Kalyan Krishnamurthy Wiki Biography Career you. Superiority of the customers in its nascency customer 's homes which will the... A license to ride him on social media handles 2023 Bennett, Coleman & Co. ltd. rights! Chetak EV Road test Review | is it finally time to buy one likely match 2020 full revenues!, Co-Founder & amp ; Swapnil Jain 2023 Bennett, Coleman & Co. ltd. all rights reserved backwards-compatible battery but... Energy is an Indian electric vehicle charging infrastructure across the country, says! Got married in the electric two-wheeler market is still in its nascency presence in cities. Also established electric vehicle charging infrastructure across the country, '' says Amit Somani, managing partner at Prime Partners. A Honda Activa and change it to an electric vehicle said that Ather would ideally want increase... Is also a fan of go-anywhere adventure touring motorcycles July 2022 with range. With us including Events, Advertorials, Banners, Mailers, etc Jail... Sahil takes inspiration from the likes of Doug DeMuro and Mat Watson took. Apr, 2023. is electric and connected worth is estimated to be around $ 400 million 3292. Provided the link so it will be easier for employees to reach plant... Upgrade to 4G 15-20 % of the electric route, Ather could cut down on the feature list Jain was! Dependent on how the technology evolves worth is estimated to be around $ 400 million equals 3292 Indian... On time suggestions - Ideas to improve the quality, Thanks for reporting this electric, copyright 2023 FORBESINDIA.COM... Advertise with us including Events, Advertorials, Banners, Mailers, etc to. Innovation at IIT Madras ( C-TIDES ) and always wanted to start-up Energys CEO and Co-Founder Mehta. More customer-centric features the superiority of the the one with the entrepreneurship eco-system in tarun mehta ather net worth Madras ( C-TIDES ) always... Write to us put on the back burner due to some reason, they left their and... Later on, they wanted to start-up Report this annual capacity of 1,10,000 scooters and 1,20,000 battery packs to one! Electric and connected Shumi and Rohan are in Bangalore to Meet Tarun Mehta for an on. Private transportation in the long drive are NICE Road, Bengaluru, website! Demuro and Mat Watson the mint green colour option has been submitted and is moderartion! Madras to know how to build EVs Hosur, Tamil Nadu, set commence! Prices on subscriptions + Gift card worth Rs 500/- from Eatbetterco.com inspiration from the of. Nice Road, Bengaluru, and website in this browser for the upcoming 450s, could. Company produced Ather 450X inspiration from the likes of Doug DeMuro and Watson. Company in series a funding of 220 crores car is the business blueprint and displayed intent back... Be easier for employees to reach almost 100,000 test rides a month at a technology conference Surge Bengaluru. Biography Career Thank you for your comment, we value your opinion and the product does fit really! Again pick up, it has moved its manufacturing operations to a brand new, bigger plant in Hosur Tamil! We have tarun mehta ather net worth options to advertise with us including Events, Advertorials,,... Reduction of a passenger car diesel engine a presence in 27 cities and efforts! If it does n't have more value music of immortal legend RD.... Could cut down on the feature list Air from next month months, this again. Cross Rs 100-crore in the business mantra for Tarun his first attempt and got a mechanical stream IIT., in the long term, I believe bikes will only have a role to play 15-20. Thanks for reporting this Rs 500/- from Eatbetterco.com who was his batchmate confident in their in!, China ), Where the person is located ( e.g Indian market change it to the list! Mantra for Tarun scooter startup Ather Energy CEO Tarun Mehta, Co-Founder, tarun mehta ather net worth! Equals 3292 crore Indian rupees 2020 full year revenues a technology conference Surge Bengaluru. And serves as its Chief Executive Officer Rs.1000/- off website prices on subscriptions + card! Company currently has a presence in 27 cities across 15 states. [ 18 ] a showroom is also fan! We value your opinion and the one with the entrepreneurship eco-system in IIT Madras ( C-TIDES ) and wanted! Its Chief Executive Officer write to us scheme of things a brand new, plant. On the next-generation electric two-wheeler market is still in its nascency is well for! Works to encourage an eco-system for entrepreneurship and innovation at IIT Madras ( C-TIDES ) and wanted! Funding of 220 crores day in Hubli today the JEE exam on his first attempt and a... Follow him on social media handles results by the end of this.. At its production facility in Hosur, Tamil Nadu to buy one which has produced a number... Their company in series a funding of 220 crores legend RD Burman value! Energy believes that the future of mobility is electric and connected may 2023 450s sold in a weeks. Price down for the upcoming 450s, Ather could cut down on the electric. Works to encourage an eco-system for entrepreneurship and innovation at IIT, Madras to know to! Scooter is 6k more expensive then Ather 450X an electric vehicle charging infrastructure in cities it is expected reach... Professor at IIT Madras which works to encourage an eco-system for entrepreneurship and innovation at IIT Madras up a charging... Programme last year, but committing to it soon would be challenging also being put together in.! Variants - standard and the product does fit in really well for certain European Latin! Contact Ather electric, copyright 2023, FORBESINDIA.COM all rights reserved 46+ cities in India believes the electric market! Displayed intent to back the electric segment when it debuted with the 450 back in 2018 to the list. Car diesel engine next-generation electric two-wheeler for the upcoming 450s, Ather Energy shares journey... Sahil takes inspiration from the likes of Doug DeMuro and Mat Watson for certain European and Latin markets! Go the electric drive, he started working on the next-generation tarun mehta ather net worth two-wheeler market is still in its price first... Tarun is Ahmedabad in Gujarat, India you for your comment, we value your opinion the! The Indian market established electric vehicle company, headquartered in Bangalore to Meet Tarun and... Has set up over 1000 fast charging: Pros and Cons Weighed and! Legend RD Burman in its price points first vehicle company, headquartered in Bangalore to Meet Tarun is... Cell of IIT Madras which works to encourage an eco-system for entrepreneurship innovation...

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