Bangalore-based EV maker Simple Energy on Tuesday announced its plans to raise funds to the tune of $100 million in Series A funding.

The startup, which earlier this month launched its flagship electric scooter, Simple One, also said it is in talks with some global investors for this round, which is expected to be completed by later this year.

Simple Energy eyes to become a unicorn firm as the valuation would increase post-closing Series A, it said in a release. The company has been aggressive about its expansion plans and has raised a total sum of $15 million before the launch, Simple Energy said.

Khatabook raises $100m

Khatabook on Tuesday said it has raised $100 million (about Rs 741 crore) in a funding round led by Tribe Capital and Moore Strategic Ventures (MSV) that valued the fintech company at close to $600 million.

The series C round — which was oversubscribed — also saw participation from Alkeon Capital, with continued investment participation from B Capital Group, Sequoia Capital, Tencent, RTP Ventures, Unilever Ventures, and Better Capital, a statement said.

In addition, Balaji Srinivasan and Sriram Krishnan participated as independent investors, among others, it added.