Property developers Sattva Group and Athiyas Group both contributed to a round for Simple Energy, which recently released the first model of its electric scooter.
India-based electric scooter developer Simple Energy has received $21m in funding on Wednesday from investors including real estate developers Sattva Group and Athiyas Group, the Economic Times reported on Wednesday.
The round also featured Manish Bharti and Raghunath Subramanian, executives at robotic process automation company UiPath, both of whom are existing Simple Energy investors and board members, in addition to undisclosed private investors.
Simple Energy has developed an electric scooter intended to be affordable, and which will make use of…
