Aether Energy
Please Wait 3 Seconds .... Swapnil Jain and Tarun Mehta became fascinated by mobility solutions for India’s fast-growing economy while studying in Chennai, a cosmopolitan city on the Bay of Bengal. At IIT Madras, India’s top-ranked engineering university, the friends immersed themselves in experimental vehicle projects that helped them win elite auto industry jobs. But they soon felt drawn to a bigger mission than climbing the corporate ladder. “We were itching to do something different,” says Swapnil. “We wanted to explore the possibilities of electric vehicles and how they can be developed to empower India.” Swapnil and Tarun launched Ather Energy from a belief that electric scooters could help drive the growth narrative of a nation of 1.3 billion on the path to middle-income status. But they knew that could only be part of the picture: “As a startup, we have to build something that’s redefining the segment,” says Swapnil. For the partners, segment redefinition m...
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