Simple Energy banks Rs 250 Cr to scale 71-store EV two-wheeler network
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.
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
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