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Simple Energy, an Indian electric scooter maker, plans a $360 million IPO by 2027, aiming for 5% market share.
Simple Energy, an Indian electric two-wheeler company, plans to go public by FY2027, aiming to raise about $360 million.
The company aims to boost its dealership network to 500 outlets and target $96 million in revenue for FY2026, up from $4 million in FY2025.
By the time of its IPO, Simple Energy hopes to sell 100,000 electric scooters and increase its market share to 5%.
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Simple Energy, un fabricante indio de scooters eléctricos, planea una salida a bolsa de 360 millones de dólares para 2027, con el objetivo de obtener un 5% de participación de mercado.