Electric vehicle startup, based in Bengaluru, Simple Energy has announced that the startup has secured $21 million in its pre-series funding round. An official statement said, “this investment will be utilised to increase manufacturing capacity, accelerate new product development, and expand experience centres, consequently bolstering the company’s expansion plans.” Speaking on the announcement, Suhas Rajkumar,…
Bengaluru-based EV maker Simple Energy announced the appointment of Raghunath Subramanian to its board and said he has invested an undisclosed amount in the company, according to PTI report. The on-boarding of Subramanian, who has been active in the startup ecosystem by investing in various deep-tech and high-growth startups, comes ahead of Simple Energy set…
Simple Energy, an electric vehicle startup that specializes in manufacturing smart electric scooters, has raised an undisclosed amount of funding from the angel investor Vel Kanniappan and four other investors who participated in this round of funding. According to a company statement, the startup plans also to raise INR 51crore to INR 74 crore (USD…