Simple key facts
as of Oct 2026- Manufacturer of an electric vehicle designed to develop smart electric scooters for sustainable mobility.
- Simple is valued at approximately $49.6M as of Oct 2026 (last reported valuation).
- It has raised $84.8M; the latest was Later Stage VC ($10.0M) in Jan 2026.
- Notable investors include Desai Ventures, Dr A Velumani's Family Office, Haran Family Office, Vasavi Family Office, Arokiaswamy Velumani — 19 tracked in total.
- Status: Privately Held (backing).
Simple's last reported valuation, Mar 2022. Nothing priced has surfaced since.
- ·The complete investor list: 19 names
- ·Watch Simple: the Monday email on marks, rounds and moves
Simple funding rounds
No funding rounds for Simple are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
Who backs Simple
19+Simple valuation
Simple's last reported valuation was $49.6 million in Mar 2022. No priced round, secondary trade or fund mark has surfaced since.
Simple investors
19 investors are on record for Simple, including Desai Ventures, Dr A Velumani's Family Office, Haran Family Office and Vasavi Family Office.
About Simple
Manufacturer of an electric vehicle designed to develop smart electric scooters for sustainable mobility. The company's electric scooters have a removable lithium-ion battery that is lightweight and can be charged in a few minutes, with features like touchscreen onboard navigation and short-range wireless technology standards, enabling customers to have easy charging and affordable two-wheelers.
- Sector
- Consumer Products and Services (B2C)
- HQ
- Bengaluru, India
- Founded
- 2019
- Employees
- 492
- Website
- simpleenergy.in/
- Ownership
- Privately Held (backing)
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