Simple Energy plans IPO by FY27, aims to raise Rs 3,000 cr

Simple Energy, an electric two-wheeler manufacturer, is planning an IPO by FY27 to raise ₹3,000 crore for market expansion, a new manufacturing unit, and R&D. The company aims to increase its touchpoints from 15 to 500 in the next two years and targets ₹800 crore in revenue in FY26.

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