Spotting low trust in electric scooters for long rides, Simple Energy's founder built a high-range EV startup focused on in-house technology, expansion, and sustainable growth.
The proceeds will be used to set up a large-scale manufacturing facility to cater to pan-India demand, further aligning with the Government of India's vision of EVs constituting 30% of new vehicle sales by 2030.
With new funding, Bengaluru-based Simple Energy plans to scale production of its Simple One and Simple Dot One scooters, expand into new Indian markets, and support further product development.
As per Suhas Rajkumar, founder of Simple Energy, the company is aiming to shift the entire fleet of mobility to electric thus making the world greener and sustainable