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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