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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.
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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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