
India’s NIIF joins $128m round for Ather Energy
India’s National Investment & Infrastructure Fund (NIIFL) has participated in a USD 128m funding round for Ather Energy, a leading domestic manufacturer of two-wheel electric vehicles (EV).
The investment was made under NIIF’s Strategic Opportunities Fund, a private equity vehicle that makes growth and development stage commitments to companies of strategic importance to the Indian economy....
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