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Ather picks HSBC, JPMorgan, Nomura, Indian banks for IPO, sources say
Indian electric-scooter maker Ather Energy Pvt has selected banks including HSBC, Nomura, and JPMorgan for its IPO. The company, founded by Tarun Mehta and Swapnil Jain, may raise up to $400 million. The IPO could take place in the second half of the year.