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Bengaluru-based electric two-wheeler maker Simple Energy has raised $180 Mn (₹1,750 Cr) in a Series C round led by Dr. Arokiaswamy Velumani Family Office, with Haran Family Office and angel investor Amit Mishra participating. Founder Suhas Rajkumar and CFO Ankit Gupta also joined. The capital will fund marketing, supply chain, R&D and hiring.
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Summary by ByteBrief
EDT Raises $2.4 Mn Pre-Series A