Strengthens National Retail Expansion Toward 150 Stores by FY’26

· With showrooms already established in Bangalore, Goa, Vijayawada, Hyderabad, and other locations, the company plans to scale its retail presence by launching 150 new stores and 200 service centers across India by FY’26

· Simple Energy’s portfolio consists of two vehicles: Simple One Gen 1.5 and Simple OneS

Coimbatore, July 21, 2025: Simple Energy, a leading clean-tech startup, today inaugurated its newest Experience Centre in GN Mills Post, Coimbatore, marking a significant milestone in its national retail expansion strategy.

The outlet was launched by Dr. A Velumani, founder of Thyrocare, who attended as the Chief Guest. Designed to offer a seamless and customer-centric ownership experience, the state-of-the-art outlet is equipped with complete sales and after-sales support. Visitors can now test ride and purchase the brand’s flagship electric scooters Simple ONE Gen 1.5 and Simple OneS both engineered for high performance and daily reliability.

With Experience Centres already operational in Bengaluru, Goa, Vijayawada, Hyderabad, Vizag, Kochi, and most recently Pune, Simple Energy is steadily strengthening its footprint in India’s fast-growing EV ecosystem. As part of its growth roadmap, the company aims to establish 150 retail outlets and 200 service centers across key cities including Delhi, Mumbai, Bengaluru, Hyderabad, and Kolkata by FY26. With 41 outlets currently live, each Experience Centre is designed to serve as an integrated platform offering sales, servicing, and a hands-on experience of the brand’s next-generation electric vehicles.

Every Simple Energy Experience Centre showcases the company’s cutting-edge technology, design-first approach, and its strong commitment to the Make-in-India initiative. Residents of Coimbatore can book a test ride via the company’s website or walk into the showroom to explore the brand’s latest offerings.

Commenting on this expansion, Suhas Rajkumar, Co-founder and CEO of Simple Energy shared, “Coimbatore is a significant addition to our retail network as we continue to bring smart automobile solutions closer to customers across India. With its progressive consumer base and growing interest in electric mobility, the city is an ideal fit for our expansion plans. The new Experience Centre in GN Mills has been thoughtfully designed to provide a seamless and engaging brand experience from test rides to after-sales support. We’re confident this will help more customers in Tamil Nadu experience the performance, design, and technology that Simple stands for.”

Commenting on this expansion, Dr. A Velumani, founder of Thyrocare, “It is inspiring to witness an ambitious vision take shape with such clarity and commitment. What Simple Energy is building goes well beyond mobility it embodies scale, purpose, and long-term conviction. The inauguration of the Coimbatore Experience Centre marks another thoughtful step in this journey. I am happy to be associated with a mission that resonates so strongly with the vision of a self-reliant and future-ready India.”

With the Coimbatore launch, Simple Energy reinforces its mission to redefine electric mobility in India. Backed by $41 million in Pre-Series A and Series A funding from leading angel investors and family offices such as Balamurugan Arumugam (Klarity), Apar Industries’ promoters, the Haran family office, Dr A Velumani’s family office, and the Vasavi family the company is working to establish itself as a category leader in the premium EV segment. Looking ahead, Simple Energy is preparing for an IPO in Q2–Q3 FY27, with plans to raise USD 350 million to drive product innovation, manufacturing scale-up, and deeper market penetration.