Electric scooter maker Ather Energy is reportedly preparing to raise $200 million from institutional investors, with HSBC, Axis Capital, and Nomura managing the placement.

Electric scooter maker Ather Energy is reportedly planning a significant share sale, aiming to raise to $200 million from institutional investors as early as next week. Appointed…

Ather Energy plans a $200 million share sale to boost manufacturing, retail expansion, and product development amid rising competition.

Electric scooter maker Ather Energy is reportedly preparing to raise $200 million from institutional investors, with HSBC, Axis Capital, and Nomura managing the placement.

Nomura increased Ather Energy's target price, expecting electric two-wheeler trends to accelerate. The brokerage sees Ather as a top pick to benefit from this EV momentum. New…