Caladium Investment led a $50m funding round in Ather Energy.

Caladium Investment, an investment management, led a $50m funding round in Ather Energy, a manufacturer of two-wheeler electric vehicles, with participation from Herald Square Ventures. Founded in 2013 by Tarun Mehta and Swapnil Jain, Ather manufactures electric scooters and sells multiple variants of its most popular electric scooter – Ather 450x.