# Ather Energy funding: rounds and investors > Ather Energy has raised $245M across 6 rounds since 2014. Investors include Nikesh Arora, HeroMotoCorp and Tiger Global Management. Every round with its source. Source: https://millionrounds.com/company/ather-energy (Millionrounds; every figure on the page links to its filing or article) India · [Funded startup](https://millionrounds.com/companies) # Who invested in *Ather Energy* 6 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Automotive & EVs Cleantech Industry 4.0 Logistics Raised 4 months ago Valuation: $1.0B, Oct 2024 Follow Ather Energy and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Father-energy) Funding summary Updated 5 Nov 2026 **$245M** raised across 6 rounds since 2014, from 6 sources **$51M** Round **$135M** Round - **Latest round:** Round, $135M Jul 2026 - **Step-up i:** 2.6× - **Investors:** 13 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2016 2018 2020 2022 2024 2026 **$1.0M** Seed **$12M** Series A **$27M** Series B **$19M** Round **$51M** Round **$135M** Round - **First round:** Seed, $1.0M - **Biggest round:** $135M - **Usual gap between rounds:** 17 months ## The rounds - **Jul 2026** Round **$135M** *7 new* [Abu Dhabi Investment Authority](https://millionrounds.com/fund/abu-dhabi-investment-authority) [Axis Mutual Fund](https://millionrounds.com/fund/axis-mutual-fund) [HDFC Mutual Fund](https://millionrounds.com/fund/hdfc-mutual-fund) [Aditya Birla Sun Life Mutual Fund (ABSLMF)](https://millionrounds.com/fund/aditya-birla-sun-life-mutual-fund) [Edelweiss Mutual Fund](https://millionrounds.com/fund/edelweiss-mutual-fund) [Motilal Oswal Mutual Fund](https://millionrounds.com/fund/motilal-oswal-mutual-fund) [Tata Mutual Fund](https://millionrounds.com/fund/tata-mutual-fund) Reported by Inc42 - **May 2019** Round **$51M** *1 new* *2 returning* [Nikesh Arora](https://millionrounds.com/fund/nikesh-arora) [Innoven](https://millionrounds.com/fund/innoven) [HeroMotoCorp](https://millionrounds.com/fund/hero-motocorp) Reported by TechCrunch - **Jul 2018** Round **$19M** *1 new* Hero MotorCorp Reported by DealStreetAsia - **Nov 2016** Series B **$27M** *1 new* [HeroMotoCorp](https://millionrounds.com/fund/hero-motocorp) Reported by FinSMEs - **May 2015** Series A **$12M** *1 new* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) From a historical funding record - **Dec 2014** Seed **$1.0M** *2 new* [Nikesh Arora](https://millionrounds.com/fund/nikesh-arora) [Binny Bansal](https://millionrounds.com/fund/binny-bansal) From a historical funding record ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2014 **Series A** 2015 **Series B** 2016 **Round** 2018 **Round** 2019 **Round** 2026 [Nikesh Arora](https://millionrounds.com/fund/nikesh-arora) [HeroMotoCorp](https://millionrounds.com/fund/hero-motocorp) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Binny Bansal](https://millionrounds.com/fund/binny-bansal) [Abu Dhabi Investment Authority](https://millionrounds.com/fund/abu-dhabi-investment-authority) [Innoven](https://millionrounds.com/fund/innoven) [Axis Mutual Fund](https://millionrounds.com/fund/axis-mutual-fund) [HDFC Mutual Fund](https://millionrounds.com/fund/hdfc-mutual-fund) [Aditya Birla Sun Life Mutual Fund (ABSLMF)](https://millionrounds.com/fund/aditya-birla-sun-life-mutual-fund) [Edelweiss Mutual Fund](https://millionrounds.com/fund/edelweiss-mutual-fund) ## Everyone who backed them [Nikesh Arora](https://millionrounds.com/fund/nikesh-arora) VC firm **2** rounds [HeroMotoCorp](https://millionrounds.com/fund/hero-motocorp) Corporate VC **2** rounds [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round [Binny Bansal](https://millionrounds.com/fund/binny-bansal) Angel **1** round [Abu Dhabi Investment Authority](https://millionrounds.com/fund/abu-dhabi-investment-authority) Angel network **1** round [Innoven](https://millionrounds.com/fund/innoven) Company **1** round [Axis Mutual Fund](https://millionrounds.com/fund/axis-mutual-fund) Asset manager **1** round [HDFC Mutual Fund](https://millionrounds.com/fund/hdfc-mutual-fund) Investment firm **1** round [Aditya Birla Sun Life Mutual Fund (ABSLMF)](https://millionrounds.com/fund/aditya-birla-sun-life-mutual-fund) Investment firm **1** round [Edelweiss Mutual Fund](https://millionrounds.com/fund/edelweiss-mutual-fund) Investment firm **1** round [Motilal Oswal Mutual Fund](https://millionrounds.com/fund/motilal-oswal-mutual-fund) Investment firm **1** round [Tata Mutual Fund](https://millionrounds.com/fund/tata-mutual-fund) Private equity **1** round Hero MotorCorp no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ather-energy). ## Also claim to have backed them These 2 firms list Ather Energy as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Alteria Capital](https://millionrounds.com/fund/alteria-capital) Venture debt Per its own site [Navam Capital](https://millionrounds.com/fund/navam-capital) VC firm Per its own site ## Quick answers about Ather Energy ### Who invested in Ather Energy? Ather Energy's investors include Nikesh Arora, HeroMotoCorp, Tiger Global Management, Binny Bansal and Abu Dhabi Investment Authority, and 8 more on record. ### How much has Ather Energy raised? Ather Energy has raised $245M across 6 rounds since 2014. ### When did Ather Energy last raise? Ather Energy's most recent round was an Undisclosed round of $135M in Jul 2026. ### What was Ather Energy's biggest round? Its most recent round, $135M in Jul 2026, is also its largest on record. ### Who backed Ather Energy first? Ather Energy's first round on record, in Dec 2014, was backed by Nikesh Arora and Binny Bansal. ### What stage is Ather Energy at? Ather Energy's latest named round is an Undisclosed round, in Jul 2026. ### Where is Ather Energy based? Ather Energy is based in India. ## Companies like Ather Energy In the same sector, and raised in the last eighteen months. 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