Simple Energy raises $10M in funding, led by Arokiaswamy Velumani, to expand its retail network in India and enhance R&D efforts.
Amount Raised
$10 Million
Round Type
Funding Round
MumbaiManufacturingEnergySoftwareAutomotiveInvestors
Description
Simple Energy announced a $10 million equity funding round aimed at expanding its retail network across India and enhancing research and development. This funding, led by Arokiaswamy Velumani, brings the total capital raised to $51 million. The company plans to utilize 80% of the funds for expanding its retail and service network nationwide. With plans to open 150 new stores and 200 service centers, Simple Energy aims to boost its production capacity significantly.
Quick answer
Simple Energy raised $10 Million in a Funding Round round, dated September 25, 2025. Investors: Arokiaswamy Velumani. Simple Energy is based in Mumbai, Maharashtra, India.
- How much did Simple Energy raise?
- Simple Energy raised $10 Million in a Funding Round round on September 25, 2025.
- Who invested in Simple Energy?
- Arokiaswamy Velumani is 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 $300M (Funding Round) on September 4, 2025.
- Cactus raised $7M (Seed) on November 5, 2025.
- Aptera Motors raised $75M (Post-IPO Equity) on October 14, 2025.
- Crusoe raised $1B on October 8, 2025.
- Blue Energy Motors raised $30M (Funding Round) on September 19, 2025.
- Hyperdrives raised $3.5M (Pre-Seed) on September 2, 2025.
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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