Simple Energy has secured ₹1,750 crore in an all-equity Series C round, taking total funding beyond ₹2,530 crore. The investment will support manufacturing expansion, product development and a wider sales and service network.

Simple Energy has launched the family-focused Wave electric scooter at an introductory starting price of ₹1,09,999. It offers four battery options, up to 243 km of claimed range and 70 litres of total storage.