[Funding alert] EV startup Simple Energy raises $21M in oversubscribed pre-series round

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Bengaluru-based electric vehicle startup Simple Energy on Monday announced the completion of a $21 million (Rs 155 crore) pre-series investment round. The company had aimed to raise $15 million in fundraising, but immense investor interest resulted in Simple Energy raising a total of $21 million, it stated. The oversubscribed funding round was driven by the company's current investors and board members,…
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