The funding round follows nine months after the IPO-bound firm announced securing Rs 900 crore from existing stakeholders Hero MotoCorp and GIC through a rights issue.
With a carefully considered combination of debt and equity financing, Ather Energy, a well-known EV producer in India, has raised a total of Rs 286 crore, or about $34 million.
IPO-bound Ather Energy raises Rs 286 crore through venture debt, co-founders moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.