Ather Energy plans to raise ₹2,626 crore through an IPO to fund expansion and R&D, while offering ₹355 crore in an offer for sale. Despite ongoing losses, Ather has shown volume growth with its new ‘Rizta’ model, increasing its market share.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an