Why the Government Just Put ₹200 Crore Into Ather Energy – And What It Actually Signals
The Government of India is investing ₹200 crore in Ather Energy through the India-Japan Fund, and while that figure is small next to Hero MotoCorp’s ₹960 crore commitment in the same round, the sum matters far less than the signal. When a sovereign-backed investment vehicle enters the cap table of a listed electric two-wheeler company, … Read more