Ather Rizta Crosses 100,000 Sales Within a Year

04 Jun 2025 CW Team

Ather Energy Limited, India’s leading electric two-wheeler manufacturer, has announced that its family-oriented electric scooter, the Rizta, has crossed the 100,000-unit sales milestone within just a year of its launch. Introduced in April 2024 and retailed from June 2024, the Rizta has significantly expanded Ather’s consumer base and boosted its market share across multiple Indian states.

Commenting on the achievement, Ravneet Phokela, Chief Business Officer at Ather Energy, stated:

“Crossing the one lakh mark with the Rizta is a landmark moment. Designed from the ground up to meet the needs of Indian families, it has allowed us to connect with a broader audience and accelerate growth in markets where our presence was previously limited.”

The Rizta, Ather’s first family scooter, now accounts for around 60 per cent of the company’s total sales. Its practical design—featuring a 56-litre under-seat storage, a wide seat, and a spacious floorboard—combined with smart safety features, has made it the preferred choice for daily commuting.

Safety and connectivity remain key highlights. The SkidControl™ traction system prevents slippage on low-friction surfaces, while Tow & Theft Alerts and an Emergency Stop System add layers of protection. Features like Live Location Sharing and Google Maps integration enhance rider convenience and safety, especially in emergencies.

Since scaling up deliveries in Q2 FY25, Ather has seen a notable rise in market share in Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, Odisha, and Chhattisgarh. According to Vahan data, the Rizta, alongside the Ather 450 series, helped the brand secure the #1 position in South India in Q4 FY25.

With its strong blend of utility, comfort, technology, and safety, the Rizta has successfully positioned Ather as a leader in the evolving electric mobility segment, especially among family scooter buyers.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..