{"id":452086,"date":"2021-11-26T11:17:27","date_gmt":"2021-11-26T05:47:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=452086"},"modified":"2021-11-26T12:32:32","modified_gmt":"2021-11-26T07:02:32","slug":"ev-maker-simple-energy-gets-21-million-funding","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ev-maker-simple-energy-gets-21-million-funding\/","title":{"rendered":"EV maker Simple Energy gets $21 million funding"},"content":{"rendered":"<p>Mumbai: Bengaluru-based EV maker Simple Energy on Wednesday said it has raised $21 million (around Rs 156 crore) in a funding round. The aim was to raise $15 million in fundraising, but immense investor interest resulted in the company mopping up more capital in the pre-series investment round, Simple Energy said in a statement.<\/p>\n<p>The over-subscribed funding round was driven by the company&#8217;s current investors and board members, Manish Bharti of UiPath and Raghunath Subramanian, Non-executive Chairman, UiPath India, respectively. <\/p>\n<p>This round also witnessed participation from new investors such as Sattva Group, Athiyas Group and several high net-worth individuals (HNIs), it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Bengaluru-based EV maker Simple Energy on Wednesday said it has raised $21 million (around Rs 156 crore) in a funding round. The aim was to raise $15 million in fundraising, but immense investor interest resulted in the company mopping up more capital in the pre-series investment round, Simple Energy said in a statement. The over-subscribed funding round was driven by the company&#8217;s current investors and board members, Manish Bharti of UiPath and Raghunath Subramanian, Non-executive Chairman, UiPath India, respectively. This round also witnessed participation from new investors such as Sattva Group, Athiyas Group and several high net-worth individuals (HNIs), [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-452086","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/452086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=452086"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/452086\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=452086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=452086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=452086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}