Nikhil Kamath, cofounder of Zerodha to join Tiger Global-backed Ather Energy’s cap table with a fresh investment into the Bengaluru-based electric scooter maker, according to media reports.
Media reports revealed that it isn’t clear how much Kamath would invest in Ather.
Earlier this month, Ather said it secured about $108 million through a rights issue from two-wheeler maker Hero MotoCorp and Singapore’s sovereign wealth fund GIC. The company’s current focus includes expanding its product portfolio and sales footprint.