Funding News: Simple Energy Raises $10 Million to Accelerate EV Expansion

Startup: Simple Energy

Founders: Suhas Rajkumar

About us: Simple Energy is an electric vehicle (EV) startup focused on developing smart, sustainable, and connected two-wheelers. The company combines innovative design, software-driven vehicle management, and charging infrastructure solutions to make EV adoption seamless and efficient for urban consumers.

Founded Year: 2019

Office: Headquartered in India, expanding across domestic and international EV markets

Sector: Electric Vehicles / Clean Mobility

Funding Round: Series B

Investors: Undisclosed strategic investors and venture funds

Simple Energy has raised $10 million in a Series B funding round to scale production, expand its EV portfolio, and accelerate adoption in new markets. The funds will be used to enhance R&D, strengthen its charging infrastructure, and roll out connected mobility solutions. The startup aims to provide eco-friendly, affordable, and intelligent EV options while contributing to sustainable urban mobility.

Website: https://www.simpleenergy.in

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