Simple Energy
Bengaluru-based electric two-wheeler maker best known for the Simple One, Simple OneS and Simple Ultra scooters. Builds most components (motor, controller, BMS, battery pack) in-house and sells through its own network of experience centres/showrooms.
Simple Energy: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 1 Jun 2026 | Series B | ₹250 Cr ($26.3 Mn) | Arokiaswamy Velumani Capitar Ventures HDFC Bank | source |
| 25 Sep 2025 | Bridge | $10 Mn | Arokiaswamy Velumani Balamurugan Arumugam Haran Family Office | source |
| 29 Jul 2024 | Series A | $20 Mn | Arokiaswamy Velumani Desai Family Office Haran Family Office Vasavi Family Office | source |
| 7 Feb 2023 | Bridge | $20 Mn+ (bridge round) | Arokiaswamy Velumani Ashwin Hinduja Manish Bharti Purple Moon Ventures Sandeep Wadhawa Sanjay Wadhawa Vasavi Green Tech | source |
| 24 Nov 2021 | Pre-Series A | $21 Mn | Manish Bharti Raghunath Subramanian Athiyas Group Sattva Group | source |
Recent Signals
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1 Jun 2026 · ma-strategic
Simple Energy targets IPO in H2 FY28, aims to raise ~₹3,000 Cr ($350 Mn) source -
10 Apr 2026 · growth-traction
Simple Energy's retail network reaches 68 showrooms across 38 cities source -
16 Sep 2025 · growth-traction
Simple Energy becomes India's first OEM to commercially produce heavy rare-earth-free EV motors source -
7 Feb 2023 · funding
Simple Energy valued at $200 Mn as of its Nov 2021 pre-Series A round source
News on Simple Energy
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Who founded Simple Energy?
Simple Energy was founded by Suhas Rajkumar, Ankit Gupta, Shreshth Mishra in 2019.
How much funding has Simple Energy raised?
Simple Energy has raised $97.3 Mn across 5 tracked funding round(s), most recently on 2026-06-01. Figures are compiled from cited public sources.
Who are the investors in Simple Energy?
Investors in Simple Energy include Arokiaswamy Velumani, Capitar Ventures, HDFC Bank, Balamurugan Arumugam, Haran Family Office, Desai Family Office, Vasavi Family Office.
What does Simple Energy do?
Bengaluru-based electric two-wheeler maker best known for the Simple One, Simple OneS and Simple Ultra scooters. Builds most components (motor, controller, BMS, battery pack) in-house and sells through its own network of experience centres/showrooms.
Where is Simple Energy headquartered?
Simple Energy is headquartered in Bengaluru, Karnataka, India.
What is Simple Energy's business model?
Simple Energy's core value proposition centers on Simple One, Simple Ultra, Simple OneS, In-house engineering.
How does Simple Energy make money?
Simple Energy's cited revenue streams include Scooter sales, Simple SuperPack subscription, Extended warranty sales.