Bengaluru-based Simple Energy has secured Rs 250 crore in funding to boost manufacturing capacity and expand its retail network. The electric two-wheeler maker plans to increase production significantly and aims for an IPO in the second half of FY28, while also preparing to launch more affordable scooter models.

Bengaluru-based Simple Energy has secured Rs 250 crore in funding to boost manufacturing capacity and expand its retail network. The electric two-wheeler maker plans to increase…

The funds will be deployed towards sales, marketing and research and development to strengthen the company’s product roadmap and customer experience

Simple Energy is Bengaluru headquartered EV manufacturer Simple Energy will leverage this funding primarily towards expanding its two-wheeler EV production capacity Simple…