Entrepreneur News Network

Simple Energy Raises $26.3 Million, Plans FY28 IPO

Suhas Rajkumar, Shreshth Mishra, and Ankit Gupta, co-founders, Simple Energy

Bengaluru-based electric vehicle startup Simple Energy has secured ₹250 crore (approximately $26.3 million) in a fresh funding round as the company accelerates its manufacturing expansion and prepares for a future public listing. The funding round comprised a mix of equity investment and debt financing, providing the electric scooter manufacturer with additional capital to scale production, … Read more