Ather Energy IPO: Hero Moto-backed EV maker seeks $1.2 billion valuation in upcoming IPO | Stock Market News
Source: Live Mint Ather Energy Pvt., an Indian electric-scooter maker backed by Hero MotoCorp Ltd., may pursue its planned initial public offering in Mumbai at about $1.2 billion valuation, according to people familiar with the matter. The company, which had initially targeted a valuation of about $2 billion, could aim to sell shares by the…