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How ‘funding winter’ made Simple Energy alter its priorities
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How ‘funding winter’ made Simple Energy alter its priorities
23 August 2024
Next six months of the fiscal year remain critical for Simple as it needs to walk the talk for its customers, investors and the brand alike. The startup is targeting a revenue of about ₹ 150 crore in FY25. With the fresh round of Series-A funding, the company wants to scale up the production of its two products- Simple One and Simple Dot One. The funds will also be utilized for retail expansion and R&D for new product development.
Next six months of the fiscal year remain critical for Simple as it needs to walk the talk for its customers, investors and the brand alike. The startup is targeting a revenue of about ₹ 150 crore in FY25. With the fresh round of Series-A funding, the company wants to scale up the production of its two products- Simple One and Simple Dot One. The funds will also be utilized for retail expansion and R&D for new product development.
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