About Simple Energy
Simple Energy is a company based in Bengaluru (India) founded in 2019 by Shreshth Mishra, Ankit Gupta, and Suhas Rajkumar. Simple Energy has raised $278.91 million across 16 funding rounds from investors including LambdaTest, Sattva Group and Benling. The company has 373 employees. Simple Energy operates in a competitive market with competitors including Ola Electric, Ather Energy, Gogoro, Hero Electric and BGauss, among others.
- Headquarter Bengaluru, India
- Employees 373
- Founders Shreshth Mishra, Ankit Gupta, Suhas Rajkumar
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website simpleenergy.in
- Social LinkedIn X Facebook
- Legal Name Simpleenergy Private Limited
- Date of Incorporation 12 Sep, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹44.29 Cr
FY 2025 · +358% YoY
- Net Loss-₹83.01 Cr
FY 2025 · -187% margin
- EBITDA-₹70.45 Cr
FY 2025 · -159% margin
- Total Equity Funding$278.91M (USD)
in 16 rounds
- Latest Funding Round$180M (USD), Series C
Sep 2026
- InvestorsLambdaTest
& 73 more
- Employee Count373
Associated legal entities of Simple Energy
Simple Energy operates through Simpleenergy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Simpleenergy Private Limited CIN U29309KA2019PTC127859 | Active | 12 Sep 2019 | Bengaluru, Karnataka | ₹44.3 Cr | 373 | 9 | View details |
Funding Insights of Simple Energy
Simple Energy has successfully raised a total of $278.91M across 16 strategic funding rounds. The most recent funding activity was a Series C round of $180 million completed in September 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $278.91M
- Total Rounds 16
- Last Round Series C — $180M
- First Round $414,195
(Aug 2020)
- Investors Count 74
Latest 10 of 16 funding rounds of Simple Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2026 | $180M | Series C | – | – | |
| Jun 2026 | $13.34M | Series B | – | – | – |
| Jun 2026 | $12.92M | Debt – Conventional | – | – | |
| Sep 2025 | $10M | Series A | – | Arokiaswamy Velumani | |
| Jul 2024 | $20M | Series A | $65.5M | Vasavi Green Tech, IHeart Properties | |
| Apr 2024 | $119,900 | Angel Round | – | D Arumugam | – |
| Mar 2024 | $844,200 | Series A | $167.08M | – | |
| Feb 2024 | $1.02M | Series A | $••••• | – | |
| Sep 2023 | $120,550 | Angel Round | $••••• | Aditya Virwani | – |
| Jun 2022 | $20M | Series A | – | Arokiaswamy Velumani, Ashwin Hinduja |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2024 | $65.5M | •••••••• |
| Mar 2024 | $167.08M | •••••••• |
| Feb 2024 | $••••• | •••••••• |
| Sep 2023 | $••••• | •••••••• |
| Mar 2022 | $••••• | •••••••• |
| Aug 2021 | $••••• | •••••••• |
| Jan 2021 | $••••• | •••••••• |
| Aug 2020 | $••••• | •••••••• |
Full valuation and stage history of Simple Energy
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $65.5M (Jul 2024). 74 investors in total: 20 institutional and 54 angel.
Investors in Simple Energy
Simple Energy has secured backing from 74 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LambdaTest, Sattva Group and Benling.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on multiple sectors | – | vasavigreentech.tcc.mode | Vijayawada, India | |
Private equity firm focused on multiple sectors | – | kritagyaadvisory.tcc.mode | Bengaluru, India | |
Private equity firm focused on multiple sectors | – | seaescoconstructions.tcc.mode | Bengaluru, India | |
Assets are managed by a single-family office in Dubai. | – | 1digiinvestmentmanagement.tcc.mode | Dubai, United Arab Emirates | |
- | – | capitar.in | - | |
- | – | iheartproperties.tcc.mode | - | |
- | – | srinivasbalajeeenterprise.tcc.mode | - | |
- | – | jayaleasingandfinance.tcc.mode | - | |
Cloud-based cross-browser testing services are provided for web applications. | 2017 | lambdatest.com | San Francisco, United States | |
- | – | purplemoonventures.tcc.mode | - |
Investor details for Simple Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Simpleenergy Private Limited (Simple Energy)
Simpleenergy Private Limited is the primary company behind Simple Energy. The board of Simpleenergy Private Limited currently have 8 directors; the longest-serving is Suhas Rajkumar Kolewad, appointed in 2019. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suhas Rajkumar Kolewad DIN 07582545 | Director | 12 Sep 2019 | 7 yrs | Simpleenergy Private Limited |
| Shreshth Mishra DIN 08183309 | Director | 22 Nov 2019 | 6 yrs 10 mo | Simpleenergy Private Limited |
| Raghunath Ganapathy Subramanian DIN 07519010 | Director | 24 Aug 2021 | 5 yrs 1 mo | Simpleenergy Private Limited |
| Ankit Gupta Omprakash DIN 01990265 | Director | 10 Dec 2021 | 4 yrs 10 mo | Simpleenergy Private Limited |
| Shekha Sailesh Haran DIN 08882101 | Director | 30 Sep 2024 | 2 yrs | Simpleenergy Private Limited |
| Velumani Arokiaswamy DIN 00002804 | Director | 30 Sep 2025 | 1 yr | Simpleenergy Private Limited |
| Balamurugan Arumugam DIN 11244132 | Director | 30 Sep 2025 | 1 yr | Simpleenergy Private Limited |
| Sheetal Narayan Shetty DIN 11292383 | Director | 30 Sep 2025 | 1 yr | Simpleenergy Private Limited |
People of Simple Energy
62 people are tracked at Simple Energy (16 in leadership, 46 in team); the tracked headcount is 373.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Kiran Poojary | Founding Partner & Chief Technology Officer - CTO | Leadership |
Yoganand Parthasarathy | Senior Vice President Of Engineering | Leadership |
Shailesh Kejbhat | Head New Product Development | Leadership |
Pankaj Sable | Chief Product Officer & Founding Partner | Leadership |
Balaguru Sridhar | Senior Vice President - Product Development | Leadership |
Smitha Rao | General Manager - Pr, Marketing & Branding | Leadership |
Robins N T | Head Strategic Sourcing & New Product Development | Leadership |
Pradeep Nair | Business Head - Sales & Distribution | Leadership |
RAHUL SINGH | Head - Automotive Sales & Dealer Development | Leadership |
Sudhir K | General Manager Operations | Leadership |
Vedhamoorthy Kuru | General Manager Quality Assurance | Leadership |
Sri Balaji Modadugu | General Manager - Hardware | Leadership |
| Founding Member and Chief Innovation Officer | Leadership | |
Surya Chaudhary | Associate Manager | Team |
Divyashree R | Engineer- Strategic Sourcing | Team |
Anbarasan M | Engineer -Strategic Sourcing | Team |
Aditya Siddharth | Ui/ux Design Lead | Team |
42 more people are available in the full profile.
Complete people profiles for Simple Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Simple Energy
Figures of Simpleenergy Private Limited, the primary company behind Simple Energy, for FY 2025. Revenue was ₹44.29 Cr (+358% year on year). Net loss was -₹83.01 Cr (-187% margin). EBITDA was -₹70.45 Cr (-159% margin). Revenue has grown at a compounded annual rate of +286% over three years.
- ₹44.29 CrRevenue · FY 2025 · +358% YoY
- -₹83.01 CrNet loss · -187% margin
- -₹70.45 CrEBITDA · -159% margin
- ₹14.3 LakhPaid-up capital
- 373Employees (provident fund records)
- +286%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Simpleenergy Private Limited are on its company page.
Detailed financial statements for Simple Energy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Simple Energy
4 dated milestones of Simple Energy across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Simple Energy is founded.
- Funding First funding round of $414K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $180.0M.
Competitors of Simple Energy
Simple Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ola Electric, Ather Energy, Gogoro, Hero Electric and BGauss, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| olaelectric.com | 2017 | Bengaluru, India | $1B | 3,520 | Electric scooters and motorcycles are manufactured with related accessories. | |
| atherenergy.com | 2013 | Bengaluru, India | $502.15M | 1,755 | Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | |
| gogoro.com | 2011 | Taipei, Taiwan | $480M | 1,892 | Electric scooters are developed and battery swapping networks are operated. | |
| heroelectric.in | 2007 | Gurugram, India | $129.6M | 122 | Manufacturer offering electric scooters and mobility solutions | |
| bgauss.com | 2020 | Mumbai, India | $24.37M | 633 | Retailer of electric scooters offering test rides, maintenance, and financing | |
| rideriver.com | 2020 | Bengaluru, India | $66M | 396 | Electric scooters are designed and produced for urban mobility. | |
| motovolt.co | 2019 | Kolkata, India | $1.92M | 315 | Electric bicycles with advanced features are developed by Motovolt. | |
| bncmotors.in | 2020 | Coimbatore, India | $8.66M | – | Electric two-wheelers with removable batteries and hub motors are manufactured. | |
| greaveselectricmobility.com | 2008 | Bengaluru, India | $226.32M | 1,551 | Manufacturer of electric two and three-wheelers for personal and commercial use |
Detailed competitors of Simple Energy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Simple Energy
The website of Simple Energy (simpleenergy.in) receives about 155.5K visits a month.
- Monthly visits155.5K
▲ 52.7% vs previous month
Websites whose visitors overlap most with Simple Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bykemania.com | 100% | 101K | #265,782 | View details | |
| komaki.in | 90% | 99.1K | #352,188 | View details | |
walkontek.com | walkontek.com | 63% | – | – | – |
| motovolt.co | 54% | 40.6K | #583,092 | View details | |
| thekredible.com | 54% | 42.1K | #602,431 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Simple Energy
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Simple Energy
Complete news archive for Simple Energy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Simple Energy
10 companies that operate in the same segment as Simple Energy (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Frequently Asked Questions about Simple Energy
Simple Energy was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Simple Energy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Suhas Rajkumar is the current CEO of Simple Energy. They have also founded this company.
Simple Energy is a funded company, having raised a total of $278.91M across 16 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Aug 2020.
Simple Energy has 373 employees.
The primary company behind Simple Energy, Simpleenergy Private Limited, reported revenue of ₹44.29 Cr for FY 2025, up 358% year on year.
Simple Energy was founded in 2019 in Bengaluru, India. Electric scooters are produced by the company within the electric vehicle sector. Designs are centered on high performance, sustainability, and innovative features to address mobility needs. Operations are based in India, with a focus on delivering practical transportation options to urban customers. Leadership includes co-founders handling key roles in development and management.
Simple Energy's top competitors include Ather Energy, Ola Electric and BGauss.
Simple Energy has 74 investors. Key investors include LambdaTest, Sattva Group, Benling, Quepreon, and Atiyas Electric.
The valuation of Simple Energy is $65.5M as of Jul 2024.
Simple Energy operates through Simpleenergy Private Limited.
The legal entities of Simple Energy currently have 8 directors, including Ankit Gupta Omprakash, Suhas Rajkumar Kolewad, Velumani Arokiaswamy and others.