Ather Energy recorded a 97% year-on-year (YoY) increase in volumes in Q1, selling 46,078 units, driven by strong demand for its flagship Ather Rizta and an aggressive retail expansion push. The company’s total income rose 83% YoY to Rs 672.9 crore in the June 2025 quarter.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment