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Simple Energy raises ₹1,750 crore as it targets India’s mass-market electric scooter segment

1 source · first seen 17:00 30 Sept · updated 17:00 30 Sept

The brief

Written from 1 report · check the source before you trade

Simple Energy will use the ₹1,750 crore to expand production, retail and service networks and develop scooters
The Bengaluru-based EV maker is targeting India’s mass-market electric scooter segment
Expansion raises competition in electric two-wheelers for Indian scooter makers, including Ather Energy

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1 report · earliest 17:00