Acquiring Company
Hero MotoCorp
Acquired Company
Ather Energy
Cauca
BengaluruManufacturingDescription
Hero MotoCorp has increased its stake in Ather Energy to approximately 32.8% by acquiring shares from GIC. The transaction involved 1.19 crore shares at Rs 1,480 each, totaling around Rs 1,758 crore. This acquisition further strengthens Hero's existing partnership with Ather, which operates in the electric two-wheeler industry. No governmental approvals were needed for this transaction.
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Based on deal dataFrequently asked
Who acquired Ather Energy?
Ather Energy was acquired by Hero MotoCorp, based in Cauca. The deal was reported on August 29, 2026. Hero MotoCorp is privately held.
When did Hero MotoCorp acquire Ather Energy?
Hero MotoCorp's acquisition of Ather Energy was reported on August 29, 2026. Hero MotoCorp has increased its stake in Ather Energy to approximately 32.8% by acquiring shares from GIC. The transaction involved 1.19 crore shares at Rs 1,480 each, totaling around Rs 1,758 crore. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ather Energy do?
The company, which held 34.8% in Ather Energy prior to the investment, said its new stake in the startup would be determined after Ather‘s funding round completes. It is privately held, operating in Manufacturing, and is based in Bengaluru.
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