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    HomeNewsBusinessStartupHero Motocorp to relinquish special rights in Ather following IPO

    Hero Motocorp to relinquish special rights in Ather following IPO

    Hero Motocorp is a key investor in Ather with 37.2% stake and currently has special privileges including information rights

    Bhavya Dilipkumar
    Pavan Burugula
    April 29, 2025 / 13:18 IST
    Hero Motocorp to relinquish special rights in Ather following IPO

    Hero MotoCorp first came on board as an investor in Ather Energy in October 2016, investing around Rs 205 crore (approximately $30 million) during the startup’s Series B funding round.

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