Simple Energy plans to raise ₹3,000 crore ($350 million) via IPO in FY27 to expand manufacturing and meet growing EV demand. The electric two-wheeler firm, founded in 2019, has seen 500% YoY revenue growth, aiming for $96 million in FY26 revenue and EBITDA profitability. With $41 million raised so far, it targets 1 lakh sales, 250 outlets across 23 states, and 5% EV market share by FY27.
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