Bengaluru-based Simple Energy raised Rs 250 Cr (Rs 123 Cr debt) in a Series B led by Arokiaswamy Velumani's family office. Capital fuels a push from 1,500 to 10,000 monthly units by March 2027 and deeper reach across its 71 outlets in 38 cities, after FY26 revenue jumped to Rs 170 Cr from Rs 40 Cr.

YourStory · 6/1/2026, 8:35:15 AM

Bengaluru-based EV two-wheeler maker Simple Energy secured Rs 250 Cr in equity and debt, led by the Velumani family office with HDFC Bank financing Rs 123 Cr. Capital will lift production from 1,500 to 10,000 units/month by March 2027 and grow its 71-store network across 38 cities.

YourStory · Capital · 6/1/2026, 8:35:08 AM

The Bengaluru EV two-wheeler maker raised Rs 250 Cr (Rs 123 Cr debt) led by Thyrocare founder's family office. Plans take retail network from 80 to 250 outlets by March, lift production from 3,000 to 15,000 scooters/month, and target Rs 150-160 Cr FY26 revenue ahead of a Rs 3,000 Cr IPO in H2 FY28.

Entrackr · Newsletter · 6/1/2026, 4:33:01 AM

Bengaluru EV maker closes Series B (₹123 cr debt + ₹127 cr equity) to fund a near-doubling of its retail network from 80 to 150 stores plus 200 service centres, while ramping factory output from 3,000 to 10,000 units/month by March 2027. Revenue guidance: ₹170 cr in FY26 vs ₹44 cr in FY25.

The Hindu BusinessLine · 6/1/2026, 1:37:25 AM

Bengaluru EV scooter maker Simple Energy closed a ₹250 cr Series B (equity + ₹123 cr NBFC debt) to scale capacity from 3,000 to 10,000 units/month by March 2027. It runs 71 outlets across 38 cities and is eyeing an H2 FY28 listing as it chases a 4x revenue jump to ₹170 cr.

Business Standard · Companies · 6/1/2026, 12:40:23 AM

HDFC Bank flags upside risk to its 5.1% FY27 CPI estimate as IMD forecasts a 10% rainfall deficit and El Nino conditions. With food at 37% of CPI and reservoirs at just 41% of live capacity, tomatoes, onions, milk and cereals face price pressure. El Nino years historically add 170 bps to food inflation.

Business Today · Latest · 5/30/2026, 2:05:55 AM

India's credit card spending fell to ₹1.97 trillion in April 2026, down 10.1% MoM but up 7.1% YoY. SBI Cards led the pack with 29% YoY growth and 327bps market share gain, while ICICI Bank contracted 7% YoY. Federal Bank (+51%) and IDFC First scaled aggressively. Cards in force hit 119.4M; avg spend/card at ₹16,512.

Business Today · Latest · 5/27/2026, 12:03:15 PM

Gillette India posted Q4FY26 net profit of Rs 192.51 cr versus Rs 158.68 cr YoY, announcing a Rs 60/share final dividend. Shares rallied 5% to Rs 8,304 on the print. Separately, Sky Gold's PAT more than doubled to Rs 64.30 cr, and PhysicsWallah greenlit a Rs 120 cr investment into subsidiary FinZ Finance.

The Hindu BusinessLine · 5/27/2026, 8:04:57 AM

At Goafest 2026, marketing leaders from Zepto, Godrej Consumer Products, Visa, HDFC Bank and IBM debated in-house vs agency models, measurement accountability and AI's role. Consensus: hybrid structures that balance speed, creativity and business outcomes are winning, with top advertisers running 10-30 campaigns a month.

Financial Express · BrandWagon · 5/23/2026, 3:31:26 PM

Hindustan Unilever has permitted partial work-from-home and is scaling EV adoption across its supply chain after PM Modi's fuel-conservation appeal. Foreign travel is curtailed and 97% of operational energy is now renewable. HDFC Bank, IndusInd and Axis are echoing the WFH move, with a 30-day review window.

NDTV Profit · 5/20/2026, 10:40:19 AM

The US Department of Justice permanently dropped criminal charges against Gautam and Sagar Adani after SEC and OFAC settlements. Experts say the resolution removes a reputational cloud, could lower borrowing costs, and re-rates Adani's ports, logistics and infrastructure arms — which handle 20% of India's total port cargo.

NDTV Profit · 5/19/2026, 11:24:19 AM

Air India is running a month-long Points Fest from 1–31 May 2026, offering up to 50% bonus Maharaja Points on partner spends and credit-card conversions across 100+ partners including SBI Card, HDFC, ICICI, Kotak, Flipkart and Audi. Bonus is capped at 2 lakh points, with award flights starting at 2,500 points domestic and 12,000 points Delhi–Dubai.

Hindustan Times · Business · 5/15/2026, 1:34:30 AM

Mayuresh Joshi of Marketsmith expects inventory rationalisation to ease from the March quarter, unlocking volume, margin and earnings recovery across retail, banks, NBFCs, FMCG and insurance. Trent, V2 Retail and Vishal Mega Mart are named as key retail beneficiaries.

CNBC-TV18 · Retail · 5/14/2026, 1:23:59 AM