{"id":844108,"date":"2024-08-13T10:22:18","date_gmt":"2024-08-13T04:52:18","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=844108"},"modified":"2024-08-13T10:22:18","modified_gmt":"2024-08-13T04:52:18","slug":"ather-enters-unicorn-lane-with-71-million-from-govts-niif","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/13\/ather-enters-unicorn-lane-with-71-million-from-govts-niif\/","title":{"rendered":"Ather enters unicorn lane with $71 million from govt\u2019s NIIF"},"content":{"rendered":"<p>Electric scooter maker Ather Energy has cruised into the unicorn league after closing a Rs 600-crore ($71 million) funding from existing investor National Investment and Infrastructure Fund (NIIF), multiple people briefed on the matter said. Post the funding, Ather has been valued at $1.3 billion, or about Rs 10,900 crore, they said.<\/p>\n<p>It is the country\u2019s fourth unicorn this year and second in the mobility space after Rapido, which closed a $120-million funding from WestBridge Capital at a post-money valuation of $1 billion, as ET reported on July 29.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electric scooter maker Ather Energy has cruised into the unicorn league after closing a Rs 600-crore ($71 million) funding from existing investor National Investment and Infrastructure Fund (NIIF), multiple people briefed on the matter said. Post the funding, Ather has been valued at $1.3 billion, or about Rs 10,900 crore, they said. It is the country\u2019s fourth unicorn this year and second in the mobility space after Rapido, which closed a $120-million funding from WestBridge Capital at a post-money valuation of $1 billion, as ET reported on July 29.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-844108","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/844108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=844108"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/844108\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=844108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=844108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=844108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}