Two graduates from the Indian Institute of Technology Madras – Tarun
Mehta and Swapnil Jain – invented an electric scooter named Ather S340
that can be fully charged faster than a smartphone. An electric scooter
that sprints to top speed of 75kmph charges in just one hour. Yes just
one hour. Mehta said, “It is faster than your mobile charging time”.
Ather S340 gets batteries that can go for 50000 kilometers and can
easily last for almost six years. The scooter also features an inbuilt
navigation system and a touchscreen interface. You can sync it with your
android phone that can give you live ride data.
When Tarun Mehta and his IIT batchmate
Swapnil Jain founded Ather Energy in 2013 little did they realize the
extent of their success.
Currently into the designing of a smart
electric two wheeler, Ather Energy, a Bangalore based startup has
received US $12 million (INR 75.33 crore) from Tiger Global. This
funding will be directed towards developing, testing and production of
their Ather S340 electric scooter project, which Mehta and Jain are sure
will be a resounding success.
"Lee Fixel from Tiger Global said, “We are impressed with Ather’s vision of building smart electric vehicles that has a potential to revolutionize the driving experience. We see great potential in Ather’s product offering and the technology and are confident that their maiden launch will attract tremendous positive response. We look forward to partnering with the Ather team and bring their vision to fruition."
This fresh investment will allow the
company to further develop the product, readying it for launch. Test
rides are expected to commence this October with launch of Ather S340
planned for early 2016 in Bangalore, Chennai and Delhi.



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