Electric Scooter Maker Simple Energy Raises ₹1,750 Crore in Series C Round
A Major Funding Round
Electric two-wheeler maker Simple Energy has raised ₹1,750 crore in a Series C funding round, taking its total funding raised to more than ₹2,530 crore.
Who Backed the Round
The round was led by the Dr. Arokiaswamy Velumani Family Office, with participation from co-founders Suhas Rajkumar and Ankit Gupta, Bengaluru-based investor Amit Mishra and the Haran Family Office.
Part of a Bigger Trend
The funding comes at a time when India’s electric vehicle and cleantech sectors have been among the top draws for investors, with overall startup funding rising 5 per cent year-on-year to $2.2 billion in the third quarter of 2026.
What’s Next
The fresh capital is expected to support Simple Energy’s product development and expansion plans in the electric two-wheeler segment, one of the fastest-growing categories in India’s auto market.
Sourced from YourStory and Inc42 startup funding coverage, 1 October 2026.
