# Simple Energy

> Indian electric two-wheeler maker designing scooters, batteries, motors and software in-house.

## Why it is interesting

The ₹1,750 crore all-equity Series C is unusually large for an Indian electric two-wheeler startup and comes only months after a mixed debt-and-equity round. Execution now depends on turning capital into utilization, distribution and reliable service.

## Profile

- **Latest funding:** Series C — ₹1,750 crore (about $180 million), all equity (September 30, 2026)
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** $251M
- **Stage:** growth
- **Status:** private
- **Industries:** climate-tech, consumer, hardware-semiconductors
- **Coverage:** full
- **Last updated:** 2026-09-30T19:16:00.000Z
- **Latest funding investors:** Arokiaswamy Velumani Family Office, Suhas Rajkumar, Ankit Gupta, Amit Mishra, Haran Family Office

## Key facts

- Closed ₹1,750 crore (about $180 million) all-equity Series C in September 2026.
- Operates more than 80 outlets across roughly 60 Indian cities, according to company reporting.
- Plans a second manufacturing facility and broader retail and service network.

## Funding history

- Series C · ₹1,750 crore (about $180 million), all equity · September 30, 2026
  Source: https://www.autocarpro.in/news/simple-energy-raises-rs-1750-crore-in-series-c-funding-134986
- Mixed equity and debt · ₹250 crore · June 2026
  Source: https://www.vccircle.com/evmaker-simple-energy-closes-series-c-round
- Equity round · $10 million · September 2025
  Source: https://www.vccircle.com/evmaker-simple-energy-closes-series-c-round
- Series A / growth round · $20 million · July 2024
  Source: https://www.vccircle.com/evmaker-simple-energy-closes-series-c-round
- Bridge · $20 million · 2023
  Source: https://www.vccircle.com/evmaker-simple-energy-closes-series-c-round
- Equity funding · $21 million · 2021
  Source: https://www.vccircle.com/evmaker-simple-energy-closes-series-c-round

## Related articles

- https://venturecapitaltracker.com/2026-simple-energy-1750-crore-series-c-electric-scooters

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** September 30, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/simple-energy