Startup Atlas · Automotive

Simple Energy

Simpleenergy Private Limited ● Bengaluru, Karnataka ● Founded 2019 ● simpleenergy.in ↗
Suhas Rajkumar · Co-founder & CEO Ankit Gupta · Co-founder Shreshth Mishra · Co-founder
$279.29 MnTotal funding (tracked)
6Funding rounds
30 Sep 2026Last round

Simple Energy: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Simple OneUpto 265 km range

Flagship model, up to 265 km range per charge, starting at ₹1,94,999.

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Simple UltraUpto 400 km range

Premium model, up to 400 km range per charge, starting at ₹2,34,999.

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Simple OneSUpto 190 km range

Entry model, up to 190 km range per charge, starting at ₹1,71,999.

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In-house engineering90%+ components built in-house

Motor, controller, BMS, battery pack and other components developed in-house rather than outsourced.

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Customer Segments

Petrol-to-EV switchers

Commuters looking to move from petrol scooters to electric without range anxiety.

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Urban and long-distance riders

Buyers wanting a single scooter usable for both city commuting and longer intercity trips.

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Customer Relationships

24x7 roadside assistance

On-call roadside assistance program for owners.

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Extended warranty (Battery + Motor)

Optional extended coverage on battery and motor.

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Simple SuperPack

Paid maintenance/care subscription plan.

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Channels

Retail showroom network68 showrooms / 38 cities (Apr 2026)

Owned/partner-operated experience centres and showrooms across India.

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Simple Connect app

Mobile app for browsing, vehicle monitoring and ride management.

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Key Activities

In-India EV scooter manufacturing

Design and manufacture of electric scooters, positioned as built in India.

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Retail network expansion150 stores + 200 service centers planned

Planned expansion of owned/partner stores and service centers across India.

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Rare-earth-free motor R&D

In-house development of heavy rare-earth-free EV motors, reducing reliance on imported rare-earth magnets.

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Key Resources

In-house R&D and component engineering

Motor, controller, BMS, battery pack and other components designed in-house rather than bought off-the-shelf.

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Hosur motor manufacturing facility200,000 sq ft, Hosur, Tamil Nadu

Dedicated facility manufacturing the company's rare-earth-free motors.

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Key Partnerships

Tamil Nadu Government (Dharmapuri factory MoU)

MoU with the Tamil Nadu government for a large electric two-wheeler factory.

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Siemens (Teamcenter X PLM software)

Adopted Siemens' cloud PLM software for product lifecycle management.

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Revenue Streams

Scooter sales₹1.7L-2.3L starting price

Three models sold: Simple OneS (from ₹1,71,999), Simple One (from ₹1,94,999), Simple Ultra (from ₹2,34,999).

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Simple SuperPack subscription

Paid recurring maintenance/care plan for owners.

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Extended warranty sales

Optional paid extended coverage on battery and motor.

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Cost Structure

No cited public information yet.

FAQs on Simple Energy

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.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: www.simpleenergy.in · Last verified 23 Oct 2026. · Report a correction