Simple Energy banks ₹250 cr to push retail to 150 stores, scale output to 10,000 scooters/month
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.
Bengaluru EV maker Simple Energy closed a ₹250 crore Series B (debt + equity), funding production ramp-up and retail expansion to 150 stores and 200 service centres, targeting 10,000 scooters/month by March 2027.