India-based EV maker charges up with $20m round
Simple Energy is a clean energy startup that develops electric two-wheelers. The company is headquartered in India.
Funding details
- Funding amount: US$20,000,000
- Investors: Vasavi Green Tech, Manish Bharti, Arokiaswamy Velumani, Ashwin Hinduja, Sandeep Wadhwa, Sanjay Wadhwa, Sripriya Kalyanasundaram, Purple Moon Ventures
- Stage: Bridge
- Source
More details
Simple Energy→
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| Stage | Amount (US$) | Investors |
| Seed | Undisclosed | Raghunath Subramanian |
| Pre-series A | 21 million | Manish Bharti, Raghunath Subramanian |
| Bridge | 20 million | Vasavi Green Tech, Manish Bharti, Purple Moon Ventures, Ashwin Hinduja, Velumani Arokiaswamy, Sandeep Wadhwa, Sanjay Wadhwa, Sripriya Kalyanasundaram |
| Total | 41 million | |
Editing by Miguel Cordon and Dhania Putri Sarahtika
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