Simple Energy has raised INR 250 Cr in debt and equity round led by the family office of Arokiaswamy Velumani and others

Simple Energy designs and manufactures high-performance electric two-wheelers. Its flagship electric scooter offers a range of up to 248 km per charge, a top speed of 105 kmph, and large boot storage, has raised INR 250 Cr in a fresh funding round comprising a mix of debt and equity, led [...]