EV-maker Simple Energy raises Rs 250 crore through debt financing, led by Arokiaswamy Velumani's family office, to scale manufacturing and expand retail.
Amount Raised
₹2.5 Billion
Round Type
Debt Financing
MumbaiManufacturingEnergySoftwareAutomotiveInvestors
Description
Bengaluru-based Simple Energy raised Rs 250 crore through a mix of debt and equity to scale manufacturing capacity and expand its retail footprint. The funding was led by Arokiaswamy Velumani's family office and included contributions from HDFC Bank and other NBFCs. The company aims to increase production from 3,000 to 15,000 scooters monthly by March. Simple Energy is also preparing for an IPO in FY28 to fund further growth.
Quick answer
Simple Energy raised ₹2.5 Billion in a Debt Financing round, dated June 1, 2026. Investors: Capitar Ventures, HDFC Bank, Arokiaswamy Velumani's Family Office and Simple Energy's Founders. Simple Energy is based in Mumbai, Maharashtra, India.
- How much did Simple Energy raise?
- Simple Energy raised ₹2.5 Billion in a Debt Financing round on June 1, 2026.
- Who invested in Simple Energy?
- Capitar Ventures, HDFC Bank, Arokiaswamy Velumani's Family Office and Simple Energy's Founders 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 $550M (Series C) on May 1, 2026.
- NexiGO raised $2.3M (Pre-Seed) on July 14, 2026.
- Ampol raised $296M (Funding Round) on July 13, 2026.
- Applied Computing raised $20M (Series A) on July 16, 2026.
- Arq raised $1.4M (Pre-Seed) on July 16, 2026.
- NxLite raised $13M (Series A) on July 16, 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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