Simple Energy
Emergent and Chakr Innovation Lead Weekly Funding Charts With USD 23 Mn Each
This week's top funding deals (Sept 20–26) showcase innovation across AI, cleantech, agri-tech, edtech, and EV sectors.
Simple Energy Bags USD 10 Mn in Equity Round Led by Thyrocare Founder
Simple Energy will use the fresh capital to expand retail and service networks across India, boost marketing initiatives, and allocate part of the funds to research and development.
Vision that Moves
Simple Energy offers India's longest-range electric scooter, the Simple One (248 km/charge), featuring smart tech, in-house manufacturing, and nationwide reach, aiming to transform EV adoption and mobility.
Simple Energy Eyes INR 3,000 Cr IPO by FY27 to Accelerate EV Expansion
The proceeds will be used to set up a large-scale manufacturing facility to cater to pan-India demand, further aligning with the Government of India's vision of EVs constituting 30% of new vehicle sales by 2030.
The Best Startup Funding This Week: July 27–Aug 2
Here is a list of the startups that have raised the most money this week, from July 27 to Aug 2.
EV Scooter Maker Simple Energy Raises USD 20 Mn Series A Funding
With new funding, Bengaluru-based Simple Energy plans to scale production of its Simple One and Simple Dot One scooters, expand into new Indian markets, and support further product development.
This 2W EV Manufactuer Wants To Make Earth Greener
As per Suhas Rajkumar, founder of Simple Energy, the company is aiming to shift the entire fleet of mobility to electric thus making the world greener and sustainable
EV Startup Simple Energy In Talks To Raise $15 Mn In Series A Round
At present the startup is preparing to launch of its flagship Mark 2 e-scooter which will be priced between INR 1,10,000 and INR 1,20,000