Two-wheeler EV maker Simple Energy eyes another fundraise

IPO-bound electric two-wheeler maker Simple Energy is in "works" with a large fundraise to secure funds as it looks for more capital for enhancing production capacity and in supply chain, company's Founder and CEO, Suhas Rajkumar has said. "We are in the works with a very large fundraiser," Rajkumar told PTI on the sidelines of the launch of its first family The Simple Wave. Declining to give the quantum of funds the company was looking at, he said, "it is not just the product that is going to s