Simple Energy - About the company
Simple Energy is a series C company based in Bengaluru (India), founded in 2019 by Shreshth Mishra, Suhas Rajkumar and Ankit Gupta. It operates as a Manufacturer of electric scooters designed for urban and long-distance travel. Simple Energy has raised $279M in funding from investors like Vasavi Green Tech, motosys.in and Sattva Group, with a current valuation of ₹*****. The company has 556 active competitors, including 59 funded and 13 that have exited. Its top competitors include companies like Ather Energy, Gogoro and Ultraviolette.
Company Details
Manufacturer of electric scooters designed for urban and long-distance travel. The company focuses on building electric vehicles with advanced technology and architecture. It provides roadside assistance and subscription services for vehicle care. The business also offers a mobile application to monitor and enhance the user experience.
- Website
- simpleenergy.in
- Social
- Email ID
- *****@simpleenergy.in
- Phone Number
- +91 **********
- Registered Address
- 9th Floor, Wing A, Sy.No.2/2, North Gate Phase II, Modern Asset, Venkatala Village, Yelahan, ka Hobli, Bangalore, Bengaluru, Karnataka, India, 560064
Key Metrics
Founded Year
2019
Location
Bengaluru, India
Stage
Series C
Total Funding
$279M in 16 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Sep 21, 2026
Investors
Ranked
6th among 556 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
402 as on Aug 31, 2025
Similar Companies
Legal entities associated with Simple Energy
Simple Energy is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SIMPLEENERGY PRIVATE LIMITED CIN: U29309KA2019PTC127859 , India, Active | Sep 12, 2019 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 501 (As on Apr 01, 2026) |
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Simple Energy's funding and investors
Simple Energy has raised a total funding of $279M over 16 rounds. Its first funding round was on Aug 16, 2020. Its latest funding round was a Series C round on Sep 30, 2026 for $*****. 4 investors participated in its latest round. Simple Energy has 25 institutional investors and 110 angel investors.
Here is the list of recent funding rounds of Simple Energy:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 30, 2026 | 4136518 | Series C | 5780614 | 5784930 | 6668299 | 5544103 |
Jun 01, 2026 | 3895488 | Conventional Debt | 6038573 | 5661178 | 5003914 | |
Jun 01, 2026 | 5247133 | Series B | 5483573 | 7231053 | 4574266 |
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Simple Energy's founders and board of directors
Founder? Claim ProfileThe founders of Simple Energy are Shreshth Mishra, Suhas Rajkumar and Ankit Gupta. Suhas Rajkumar is the CEO of Simple Energy.
Here are the details of Simple Energy's key team members:
- Shreshth Mishra: Co-Founder of Simple Energy and founder of 1 other company. They are also an angel investor in 2 startups and serve on the boards of 2 companies.Contact Info: 1 email address
- Suhas Rajkumar: Co-Founder & CEO of Simple Energy. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Ankit Gupta: Co-Founder of Simple Energy. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
Simple Energy's Board of Directors
Simple Energy's board has 6 active members. Shreshth Mishra, Suhas Rajkumar, Ankit Gupta and Raghunath Subramanian are part of team and Shekha Haran . Bhandari and Manish Bhartia are independent board members.Here is the list of Simple Energy's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 10m | |
Team | - | Current | 7y 0m | |
Team | - | Current | 4y 10m | |
Investor | - | Current | 5y 1m | |
Independent board member | - | Current | 2y 0m | |
ybboudr | Independent board member | - | Current | 5y 8m |
View details of Simple Energy's Founder profiles and Board Members
Simple Energy's employee count trend
Simple Energy has 402 employees as of Aug 25. The total employee count is 58.0% more than what it was in Aug 24. Here is Simple Energy's employee count trend over the years:
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Simple Energy's Competitors and alternates
Top competitors of Simple Energy include Ather Energy, Gogoro and Ultraviolette. Here is the list of Top 10 competitors of Simple Energy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Ather Energy 2013, Bengaluru (India), Public | Manufacturer of smart electric scooters with connected software, charging infrastructure, and ecosystem services | $502M | 85/100 | |
2nd | Platform offering electric scooters and operator of battery swapping networks | $765M | 77/100 | ||
3rd |  Ultraviolette 2016, Bengaluru (India), Series E | Manufacturer of electric motorcycles, components, rider safety equipment, and charging infrastructure | $207M | 75/100 | |
4th |  Oben Electric 2020, Bengaluru (India), Series A | Platform offering two wheeler motorcycle products | $38.2M | 75/100 | |
5th | Manufacturer of electric scooters designed for urban and developing environments | $42.7M | 72/100 | ||
6th |  Simple Energy 2019, Bengaluru (India), Series C | Manufacturer of electric scooters designed for urban and long-distance travel | $279M | 68/100 | |
7th | Hero Electric 2007, Gurugram (India), Series B | Manufacturer offering electric scooters and mobility solutions | $130M | 67/100 | |
8th | Manufacturer of electric bicycles mopeds and smart battery powered scooters | $1.92M | 66/100 | ||
9th |  Ola Electric 2017, Bengaluru (India), Public | Manufacturer of electric scooters, motorcycles, and energy storage solutions | $1B | 65/100 | |
10th | Manufacturer of electric scooters designed for personal and professional use | $174M | 65/100 |
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Simple Energy's Investments and acquisitions
Simple Energy has made no investments or acquisitions yet.
Reports related to Simple Energy
Here is the latest report on Simple Energy's sector:
News related to Simple Energy
Filter this listMedia has covered Simple Energy for a total of 18 events in the last 1 year, 8 of them have been about company updates.
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Simple Energy's annual e-scooter sales cross 10000 unitsTeam-BHP•Sep 08, 2026•Simple Energy, Greaves Electric Mobility
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Simple Energy to Launch New Wave Electric Scooter on September 2Carandbike•Aug 20, 2026•Simple Energy
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Simple Energy Expands Siemens Software Use for Electric Two-Wheeler DevelopmentEuropaWire•Aug 05, 2026•Siemens, Simple Energy
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EV maker Simple Energy plans FY28 IPO; eyes ₹3,000 cr revenue by FY30Business Standard•Jun 01, 2026•Simple Energy
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Indian EV maker Simple Energy raises $26.2mTech in Asia•Jun 01, 2026•HDFC Bank, Thyrocare, Capitar Ventures, Simple Energy and 1 other
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Simple Energy Launches ‘Simple Ultra’ Electric Scooter with 400km RangeI Am A Biker•Apr 17, 2026•Simple Energy
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Simple Energy Opens Siliguri Store; Expands Eastern India PresenceCarandbike•Mar 29, 2026•Simple Energy
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Simple Energy Opens Silguri Store; Expands Eastern India PresenceCarandbike•Mar 12, 2026•Simple Energy
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