New Delhi, July 15 -- The central government will invest Rs.200 crore in electric two-wheeler manufacturer Ather Energy as part of the company's proposed Rs.1,200-crore preferential fundraising, according to a stock exchange filing dated 15 July.

The investment will be routed through the India-Japan Fund (IJF), a $600 million (around Rs.4,900 crore) bilateral investment vehicle jointly established by the Government of India and the Japan Bank for International Cooperation (JBIC). The fund is managed by the National Investment and Infrastructure Fund Ltd (NIIFL).

According to Moneycontrol, the government's investment will be made alongside fresh capital from Ather's founders and existing investor Hero MotoCorp.

Under the preferential is...