{
  "id": 14894159,
  "title": "Ather Energy gets IRDAI licence to distribute and service insurance policies",
  "url": "https://urgent.news/2026/10/16/ather-energy-gets-irdai-licence-to-distribute-and-service-insurance",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T06:35:56.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/technology/ather-energy-gets-irdai-licence-to-distribute-and-service-insurance-policies/articleshow/134984985.cms"
  },
  "original_language": "en",
  "account": "Electric scooter manufacturer Ather Energy secured regulatory approval on October 15 for its wholly-owned insurance subsidiary, Ather Insurance. This certification, issued by the Insurance Regulatory and Development Authority of India, permits the subsidiary to distribute and service a range of insurance policies, including life, general, and health coverage. The move is aimed at expanding Ather's revenue streams and creating a more consistent income from its current customer base. The registration is valid until it is suspended or cancelled by the regulator, provided an annual fee is paid. Ather's subsidiary registration complements its position as India's third-largest electric two-wheeler maker, holding a 14.71% market share in September 2023, trailing TVS Motor and Bajaj Auto.",
  "summary": "The Insurance Regulatory and Development Authority of India granted the subsidiary a certificate of registration on October 15 to act as a corporate agent (composite), Ather Energy said in a stock exchange filing on Thursday. The registration covers life, general and health insurance.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}