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CleanTech

EV Startup Simple Energy Raises $10 Mn To Expand Store Network


SUMMARY

The bridge round was led by the family office of Thyrocare founder Dr Arokiaswamy Velumani, with participation from Balamurugan Arumugam and Haran Family Office

Simple Energy is looking to expand its store count to 100 by December this year and to 150 by March 2026 from 53 currently

The EV startup clocked a revenue of INR 27 Cr in Q1 FY26 compared to its revenue of INR 40 Cr in the entity FY25, cofounder Suhas Rajkumar said

Electric two-wheeler startup Simple Energy has raised $10 Mn (about INR 88 Cr) in a bridge…



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