Ather Energy, a prominent electric two-wheeler manufacturer based in Bengaluru, is preparing for a significant capital raise just over a month after its stock market debut. The company's board of directors will convene on June 12 to discuss a proposal for raising funds through various methods, including equity shares, foreign currency convertible bonds (FCCBs), non-convertible debentures (NCDs), and warrants. The exact size of the proposed fundraising has not been disclosed. Ather Energy indicated that the capital raise could be conducted via public issues, rights issues, or private placements, subject to regulatory and shareholder approvals. This initiative comes at a critical time as competition in India's electric two-wheeler market intensifies, with many manufacturers investing heavily in product development and infrastructure. The funding, if approved, is expected to enhance Ather's growth plans and solidify its position in the rapidly evolving electric mobility sector. Notably, rival company Ola Electric recently completed a qualified institutional placement (QIP), raising around ₹780 crore to support its growth initiatives and corporate needs.