Simple Energy (vehicle company)

Simple Energy (company)
Company typePrivate
Founded2019 (2019)
FounderSuhas Rajkumar
HeadquartersBengaluru, Karnataka, India
Area served
India
Key people
Kiran Poojary, Shreshth Mishra[1]
Products
Number of employees
500
Websitesimpleenergy.in

Simple Energy is an electric vehicle (EV) start-up based in Bangalore, India, founded by Suhas Rajkumar in 2019. It is headquartered in Bangalore, India.[2][3][4][5]

History

Simple Energy produced its first electric scooter in 2019, followed by their main product, Simple One, in 2023.[2][6][4][3]

The company opened a new manufacturing facility in Shoolagiri, Tamil Nadu, in January 2023.[7] It had a round of fund raising in July 2024.[8][9][10]Recenty, they have started commercially manufacturing the country's first rare earth free motors at its Hosur, Tamil Nadu production facility.[11]

References

  1. ^ "Simple Energy Cofounders: Shreshth Mishra, Kiran Poojary - 30 Under 30 - Asia - Industry, Manufacturing & Energy (2025)". Forbes.
  2. ^ a b "Simple Energy starts rolling out Simple One electric scooters ahead of launch". HT Auto. 5 May 2023.
  3. ^ a b "Inside Simple Energy's strategy to conquer the premium electric 2-wheeler market". Business Today. 10 June 2023.
  4. ^ a b "Simple Energy projects Rs 1,600 crore revenue for FY24: CEO Suhas Rajkumar". CNBC TV 18. 21 July 2023.
  5. ^ "Simple Energy raises $20 million in Series A to scale up production and expand national footprint". CNBCTV18. 29 July 2024.
  6. ^ "Simple Energy to bring two new affordable e-scooters in next quarter: Details". livemint.com.
  7. ^ Banerjee, Avishek. "No plan to go for sub-Rs 1 lakh electric scooters, says Simple Energy founder & CEO". moneycontrol.com.
  8. ^ "Simple Energy - Company Profile". tracxn.com. 30 October 2024.
  9. ^ Upadhyay, Harsh. "EV scooter maker Simple Energy raises $20 Mn in bridge round". entrackr.com.
  10. ^ "Simple Energy inaugurates its first manufacturing plant". Business Line.
  11. ^ PTI (16 September 2025). "Simple Energy makes country's first rare earth free motors". The Hindu. ISSN 0971-751X. Retrieved 9 October 2025.
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