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#ather — Public Fediverse posts

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  1. EV startup Ather cuts IPO size by 15%

    Bengaluru: Electric two-wheeler maker Ather Energy trimmed its IPO size in the final stretch before listing, signalling a calibrated approach to capital raising amid muted market sentiment for new-age hardware startups.In its red herring prospectus (RHP) filed with market regulator Sebi on Tuesday, #startup #Ather #cuts #IPO #size

    10bmnews.com/2025/04/ev-startu

  2. #Yulu ebikes are now available at 55k. Apparently the batteries are not included and instead offered as a separate subscription. I think this is a very differentiated offering and will intensify competition in the already contested space.

    My bet is still on the #Ola because they have unified the backend and will bring economies of scale. Average user only needs overnight charging at home. Business users (read delivery personnel) should go with #Yulu as the recharging infrastructure makes sense. But then why wouldnt they just rent it on-demand as they have been doing all this while.

    In all this competition, I think everyone is forgetting #Ather. Ather are the one who bet big on eBikes first, but their offering is very expensive and they have already lost the crown to #Ola. Now they will have to fight for second place with #yulu.

    #Ather did the classic mistake. First to market doesnt mean that they will win the market. And now it might be too late.

    #yulu #ebikes #ather #ola

    #MastIndia #MastodonIndians #India @mastodonindians

    auto.economictimes.indiatimes.