Simple Energy is an Indian electric vehicle startup company founded in 2019 by Suhas Rajkumar. The company is headquartered in Bengaluru, Karnataka, India. Simple Energy’s mission is to make electric vehicles accessible and affordable for everyone.
Journey
Simple Energy started with a team of just a few people and a vision to make electric vehicles a reality in India. The company has come a long way since its inception and has now become one of the leading electric vehicle startups in India. Simple Energy has raised over $100 million in funding from investors such as Lightspeed Venture Partners, Blume Ventures, and Kalaari Capital.
Entry in EV market
Simple Energy entered the Indian EV market in 2022 with the launch of its first electric scooter, the Simple One. The Simple One is an affordable and stylish electric scooter that offers a range of up to 236 kilometers on a single charge. The scooter has been well-received by customers and has received rave reviews from critics.
Parent/Daughter company
Simple Energy is a standalone company and does not have any parent or subsidiary companies.
Future plans in Electric Vehicles
Simple Energy plans to expand its product portfolio in the future and introduce more electric vehicles in India. The company also plans to export its electric vehicles to other countries. Simple Energy is committed to making electric vehicles a viable option for everyone and is working towards making India a leader in the electric vehicle space.
Here are some of the future plans of Simple Energy in electric vehicles:
- Launch more electric scooters and motorcycles
- Introduce electric cars
- Expand to other countries
- Set up a manufacturing plant in India
- Invest in research and development
- Partner with other companies to develop new technologies
Simple Energy is a company with a bright future and is poised to make a big impact in the electric vehicle space.
Simple Company Profile
| Founded in: | 2019 |
| Owner Company: | Simple |
| Main Headquarter: | India |
| Area Served: | Asia |
| Manufacturer of: | Two Wheelers |
| Communication: | Official Website |
