Manufacturer of electric scooters (Simple One).
| Date | Round | Amount |
|---|---|---|
| Jun 2026 | Series B Simple Energy closed a ₹250 Cr Series B ($26.3M, mix of debt and equity) led by Arokiaswamy Velumani's family office, with debt from HDFC Bank and Capitar Ventures. | $26.3M |
| Sep 2025 | Bridge Simple Energy raised $10M in a bridge round led by Arokiaswamy Velumani's family office to expand its store network. | $10M |
| Jul 2024 | Series A EV startup Simple Energy raised a $20M Series A led by Balamurugan Arumugam and family offices to expand its electric scooter portfolio and dealership network. | $20M |
| Feb 2023 | Bridge Simple Energy, an Indian EV two-wheeler maker, raised a USD20M bridge round. | $20M |
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