Simple Energy Bags Rs 1,750 Crore Series C Funding

Electric vehicle startup Simple Energy has closed a landmark Rs 1,750 crore Series C equity funding round led by Dr. Arokiaswamy Velumani's family office. This milestone injection—the third-largest equity financing for an Indian electric two-wheeler brand—will fuel Simple Energy's next phase of growth. Funds will be deployed toward scaling manufacturing capabilities, widening its sales and service coverage across India, optimizing supply chains, and driving advanced R&D for upcoming vehicle lineups.

News by Rahul Yelligetti