According to a Bloomberg report, Ather Energy is preparing to secure up to $200 million via a qualified institutional placement (QIP) as soon as next week. The electric two-wheeler manufacturer has selected HSBC, Axis Capital, and Nomura to oversee the transaction. Since its IPO in May 2025, Ather’s share price has surged by more than 250%, driven by the growing popularity of electric vehicles.

by shortkt.com✓

3 hours ago