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The Economic Times
The Economic Times

IPO-bound Simple Energy eyes large fundraise to enhance production capacity, supply chain

IPO-bound electric two-wheeler maker Simple Energy is in "works" with a large fundraise to secure funds as it looks more capital for enhancing production capacity and in supply chain, company's Founder and CEO, Suhas Rajkumar has said.

"We are in works with a very large fundraiser," Rajkumar told PTI on the sidelines of the launch of its first family scooter Wave on Wednesday.

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