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India’s EV startup Ather cuts IPO size to $308M, seeking $1.4B post-money valuation

India’s EV startup Ather cuts IPO size to $308M, seeking $1.4B post-money valuation

Ather Energy, the Indian startup manufacturing electric two-wheelers, has cut the size of its initial public offer by 18% to 26.26 billion Indian rupees ($308.3M), according to a new draft prospectus filed Tuesday. The Bengaluru-based startup confirmed to TechCrunch it’s targeting a post-money valuation of $1.4 billion…

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