M&A

M&A

Electric scooter maker Ather Energy acquires rights to AiKaan's OTA platform

Business Line  

Electric two-wheeler startup Ather Energy has secured the rights to the AiKaan OTA (over-the-air) platform from its partner AiKaan Labs Pvt Ltd. OTA is the cornerstone of Ather Energy's connected vehicle platform, enabling its Ather 450 product line to be up-to-date with its software upgrades and feature offerings while also collecting field data to enhance product design and user experience. AiKaan OTA is a software solution to monitor, manage, securely access, and upgrade IoT edge devices. Aikaan has worked with Ather since inception to develop the OTA solution and deploy all OTA updates on Ather electric scooters.