Ather Energy is a Bengaluru-based startup that launched India’s first intelligent electric scooter and uses machine learning for route optimization and predictive maintenance. It builds electric two-wheelers and related software-driven mobility products for urban commuters.
UpMarket does not offer Ather shares. This page covers Ather's history before it went public.
Status
Public
NSE and BSE: ATHERENERG, since May 2025
Last Private Valuation
Not confirmed
Not confirmed by two independent reputable sources
How to Review Ather's Pre-IPO History on UpMarket
Ather became a public company on May 6, 2025 and trades on NSE and BSE as ATHERENERG. UpMarket does not offer Ather shares. This page covers Ather's valuation and funding history before it went public.
Step 01
Check the listing details
Ather listed on NSE and BSE under the ticker ATHERENERG on May 6, 2025.
Step 02
Review the valuation history
See how Ather's private-market valuation changed across funding rounds before it went public.
Step 03
Review funding and revenue data
See reported funding rounds and revenue figures on this page, with their sources.
Step 04
Explore private companies
Accredited investors can review UpMarket's current pre-IPO offerings in companies that have not yet gone public.
Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.
${{aum_amount_brokered_en}}B+
UpMarket has brokered over ${{aum_amount_brokered_en}} billion in alternative investments*
*Includes principal invested and appreciation of investments originated via the UpMarket platform based on historical trade volume and valuation estimates through {{aum_as_of_date_en}}. Of the total, approximately ${{aum_amount_managed_en}} million is managed by UpMarket Management, with the remaining originated investments managed by affiliates. Past performance is not predictive of future results.
Valuation Growth Over Time
Post-money valuation by round
Previous roundsMost recent
Date
Round
PPS (split-adj.)
Valuation
Why Investors Are Watching Ather
Product Milestone
Ather is building an ecosystem beyond the scooter
Ather said the scooter is only the first product and that it is building an ecosystem around the vehicle with technology. That product framing suggests a broader platform strategy rather than a single-model hardware business.
Market Opportunity
EV two-wheeler demand could scale with India’s market
Ather operates in India’s two-wheeler market, where electrification offers a large replacement opportunity for commuter scooters. The company’s push into an ecosystem model implies it is aiming to capture more value per customer as adoption grows.
Looking for companies that are still private? Browse UpMarket's pre-IPO company directory. Accredited investors only.
UpMarket curates and conducts independent diligence on every investment opportunity before it reaches the platform.
Strategy, fees & legal reviewed in full
We review every offering's strategy, risk management, liquidity, fees, valuation methodology, tax matters, and all third-party providers: legal counsel, auditor, administrator, and custodian.
Disciplined managers only
We offer investments exclusively from disciplined managers that pursue unique strategies across an array of asset classes.
Built around your objectives
Our goal is to empower you to build a portfolio that best meets your individual investment objectives.
Yes. Ather became a public company on May 6, 2025 and trades on NSE and BSE under the ticker ATHERENERG. UpMarket does not offer Ather shares.
Ather's share price is set on the public market under the ticker ATHERENERG. The prices shown on this page are historical private-market prices from before it went public.
No. Ather is now a public company and UpMarket does not offer its shares. Accredited investors interested in companies that have not yet gone public can review UpMarket's current pre-IPO offerings.
Ather is now publicly traded, so its shares can be bought and sold on NSE and BSE and their price can change significantly. Review Ather's public filings and consult a financial advisor before investing. UpMarket does not offer Ather shares.
In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.
Ather became a public company on May 6, 2025, so shares held before the listing can generally be sold on the public market once any lock-up period ends. The exact terms depend on how the shares are held, for example directly or through a fund.
UpMarket does not offer Ather shares. The minimum for most pre-IPO offerings on UpMarket is $50,000.
Ather's valuation is now set by its public share price on NSE and BSE. The figures on this page show its valuation history before it went public.
Ather Energy is a Bengaluru-based startup that launched India’s first intelligent electric scooter and uses machine learning for route optimization and predictive maintenance. It became a public company in May 2025. UpMarket does not offer its shares.