Simple Energy raises $182M in Series C led by Dr Velumani's family office and HNIs to expand manufacturing and distribution.
Amount Raised
$182 Million
Round Type
Series C
MumbaiManufacturingEnergySoftwareAutomotiveInvestors
Description
Bengaluru-based electric two-wheeler maker Simple Energy has raised Rs 1,750 crore ($182 million) in a Series C funding round, its largest fundraise to date. The round was led by the family office of Dr Arokiaswamy Velumani, founder of Thyrocare Technologies, along with participation from founder and CEO Suhas Rajkumar, co-founder Ankit Gupta, HNI Amit Mishra, and the Haran Family Office. The capital will be deployed to set up new manufacturing facilities, increase production capacity, expand distribution and service networks, hire talent, and fund R&D for next-generation products. Simple Energy currently operates over 80 outlets across 60+ cities with monthly production capacity of 10,000 units and reported nearly fourfold revenue growth in FY26.
Quick answer
Simple Energy raised $182 Million in a Series C round, dated September 30, 2026. Investors: Ankit Gupta, Suhas Rajkumar, Amit Mishra, Family office of Dr Arokiaswamy Velumani and Haran Family Office. Simple Energy is based in Mumbai, Maharashtra, India.
- How much did Simple Energy raise?
- Simple Energy raised $182 Million in a Series C round on September 30, 2026.
- Who invested in Simple Energy?
- Ankit Gupta, Suhas Rajkumar, Amit Mishra, Family office of Dr Arokiaswamy Velumani and Haran Family Office are named as investors in this round.
- What does Simple Energy do?
- Solve your biggest customer energy challenges with solutions that drive results.
- Where is Simple Energy based and how big is it?
- Simple Energy is based in Mumbai, Maharashtra, India. Fundz records about 8 employees.
- Who are the decision-makers at Simple Energy?
- Fundz holds 1 contact at Simple Energy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Automotive around the same time
Companies in the same sectors as Simple Energy that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $400M (Debt Financing) on October 9, 2026.
- TI Clean Mobility Private Limited raised $26M (Series C) on September 30, 2026.
- Electra Vehicles raised $3.5M (Seed) on September 29, 2026.
- Crusoe raised $3.9B (Series F) on September 17, 2026.
- Crusoe raised $3.1B on September 12, 2026.
- Yuma Energy raised $35M on September 1, 2026.
Who to call at Simple Energy, and when
A new round usually means Simple Energy is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Simple Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Simple Energy, from your own LinkedIn network
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Related People
Simple Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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