Simple Energy raises ₹250 cr, targets FY28 IPO and ₹3,000 cr revenue by FY30

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.

Simple Energy closes ₹250 cr Series B to scale EV scooter output to 10,000/month, targeting H2 FY28 IPO and ₹3,000 cr revenue by FY30.

Business Standard · Companies · 6/1/2026, 12:40:23 AM · Ask about this →

Simple Energy + Ather Energy + Capitar Ventures + Greaves Electric Mobility + HDFC Bank + Ola Electric +