Simple Energy has raised $20 million in its Series A funding round, with participation from prominent HNIs like the Haran, Velumani, Vasavi, and Desai family offices. The funds will scale up production of Simple One and Simple Dot One, expand into new markets, and support new product development. Founded in 2019 by Suhas Rajkumar, Ankit Gupta, and Shreshth Mishra Simple Energy manufactures 95% of its scooter components in-house and is piloting deliveries in Bengaluru.
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