Skip to main content
C
CorpDigest
Search

Ather Energy

Electric Vehicles (EV)Founded 2013
Reviewed by Swet Parvadiya
Company data updated: September 2026

Leadership History

Ather Energy: CEO History

1 leader · 2013 to present

Who is the CEO of Ather Energy?

Tarun Mehta is the CEO of Ather Energy, in the role since 2013.

Current CEO
Tarun Mehta (since 2013)
Leaders documented
1
Founded
2013
NameRoleFromToYears in role
Tarun MehtaCo-founder, Executive Director and CEO2013Present13

Company Overview

Ather Energy is the Indian electric two-wheeler maker that chose the slow route: it designed its own battery pack, motor controller, chassis and dashboard software rather than assembling imported parts, and sold almost nothing for its first five years. That approach now underpins a listed company worth around $6.56 billion (INR 56,516 crore), selling 262,942 scooters in FY2026 with 17.1 percent of the Indian electric two-wheeler market. Hero MotoCorp, which sells more two-wheelers than any other manufacturer, owns about a third of it. The open question is whether Ather can carry its engineering-led product into the mass market, which is what the INR 99,999 Konarc launched in August 2026 is meant to test. The company is headquartered in Bangalore, India. The electric vehicle startup was birthed out of Bengaluru, India by two IIT Madras graduates, aggressively pioneering the premium electric scooter market in a country heavily dominated by cheap petrol two-wheelers.

Tarun Mehta

Co-founder, Executive Director and CEO

2013 – Present

13 years (current)

Key Decisions & Impact

Mehta chose to design Ather's battery pack, vehicle control software and chassis in house instead of assembling imported kits, and held that line through five years with almost no revenue. He put the Ather Grid fast-charging network into the market alongside the first Ather 450 in 2018, moved manufacturing from Bengaluru to two plants in Hosur with 420,000 units of annual capacity, widened the range from the 450 series to the family-focused Rizta in 2024, took the company public on the NSE and BSE in May 2025 at an issue price of INR 321 per share, and in August 2026 launched the Konarc on a cheaper steel-chassis EL platform from INR 99,999 to attack the petrol-scooter market.

Legacy

Mehta holds a dual degree in engineering design from IIT Madras (2012) and quit Ashok Leyland to work on battery packs before co-founding Ather with Swapnil Jain in 2013. Under him Ather sold 262,942 vehicles in FY2026 for ~$426M (INR 3,672 Cr) of revenue, cut its net loss to ~$60M (INR 517 Cr), and reported its first EBITDA-positive quarter in the three months to June 2026.

Source →

Challenges & Strategic Context

Ather is capacity constrained, with waiting periods on some models stretching to about four months in 2026 while it waits for its Bidkin plant in Maharashtra to start production. It also faces lithium-ion cell and commodity cost swings, the tapering of central EV purchase incentives after FAME II and EMPS, and price competition from Ola Electric, TVS Motor Company, Bajaj Auto and Hero MotoCorp's own VIDA brand.

Ather Energy CEO and Leadership FAQ

Who is Tarun Mehta and what is his background?

Tarun Mehta graduated from IIT Madras in 2012 with a dual degree in engineering design, worked briefly at Ashok Leyland, and co-founded Ather Energy in 2013. He has been chief executive since and is also an executive director of the listed company.

Who is Swapnil Jain and what does he do at Ather?

Swapnil Jain co-founded Ather with Mehta and is chief technology officer and an executive director. He came from General Motors and leads vehicle architecture, battery and motor engineering and the AtherStack software platform.

What led Mehta and Jain to start Ather Energy?

Both had studied why electric two-wheeler battery packs in India degraded so quickly. They quit their jobs in 2013 to build a better pack, and concluded after touring assembly lines that no incumbent wanted one, so they designed a complete scooter instead.

Who is Ather Energy's chief financial officer?

Sohil Parekh is chief financial officer and presents Ather's quarterly results alongside Tarun Mehta on the company's earnings calls.

What is Ravneet S Phokela's role at Ather?

Ravneet S Phokela is Ather's chief business officer. He has led the company's retail and brand work and in 2026 set out its plan to push exports into Asian and Latin American markets over the following five to seven years.

What role did Professor Krishna Kumar play at IIT Madras?

Professor Krishna Kumar at IIT Madras drew Mehta and Jain into starting a company, provided their first few lakhs of funding and gave them space to design the product on campus.

Who else sits in Ather's senior leadership?

Puja Aggarwal is company secretary and compliance officer, and Anjani Kumar joined as chief digital and information officer in 2025. Hero MotoCorp, NIIF and the India-Japan Fund are represented among Ather's investors and board-level stakeholders.

Has Ather had more than one chief executive?

No. Tarun Mehta has been Ather Energy's only chief executive since incorporation in 2013, through the 2018 product launch, the 2025 stock market listing and the 2026 Konarc launch.

Who is the CEO of Ather Energy?

Tarun Mehta, the co-founder and driving visionary behind the company's premium hardware strategy, serves as the CEO.

Related Leadership Timelines

Compare executive leadership tenures and strategic transitions

Competitor

Ola Electric

View Leadership Timelines
Competitor

Tvs Motor Company

View Leadership Timelines
Competitor

Honda Motor Co Ltd

View Leadership Timelines
Competitor

Suzuki Motor Corporation

View Leadership Timelines
Competitor

Tata Motors

View Leadership Timelines
Competitor

Mahindra And Mahindra

View Leadership Timelines

Explore Ather Energy

Core profile pages, founders and related research hubs for this company.

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.