By Vivek Kumar M and Shivani Tanna (Reuters) -At least two initial public offerings worth $759 million are expected to be delayed, adding to a growing list of Indian companies deciding to postpone plans for initial public listings due to weak investor sentiment,

Ather was founded in 2013 and, as one of India’s first electric two-wheeler start-ups, its founder has claimed the company’s fast charging and advanced technological features have made it the “Apple” of the Indian e-scooter market.

Ather Energy Ltd.’s shares will start trading on Indian bourses Tuesday, in the nation’s first major initial public offering this fiscal year that will provide clues on the likelihood of equity capital market revival.