Simple Energy to invest Rs 2,500 cr; to set up EV manufacturing facility in Tamil Nadu
Simple Energy to invest Rs 2,500 cr; to set up EV manufacturing facility in Tamil Nadu
Source: freepressjournal.in
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Simple Energy electric scooter maker plans to beat Ola with new factory
Ola Electric has a facility in Chennai which has spread across an area of 500 acres. Within this facility, it has a 43-acre mega block structure
Source: bgr.in
Simple Energy raises $21 million in oversubscribed pre-series funding round
Simple Energy announced the completion of a $21 million pre-series funding round. The company had planned to seek $15 million in funding, but due to investor enthusiasm, Simple Energy ended up raising a total of $21 million.
Source: techstory.in
Indian EV startup Simple Energy looks to boost capacity after $21m funding
The company had earlier set out to raise $15 million as part of the current raise.
Source: dealstreetasia.com
Simple Energy raises $21 million in oversubscribed pre-series funding round
Simple says the investment will be utilized to increase manufacturing capacity, accelerate new product development, and expand experience centres, consequently bolstering the company's expansion plans.
Source: indiatoday.in