Every round on record, with the sources behind each and the investors on them.
Simple Energy sells electric scooters targeting India's mass-market segment, primarily purchased by consumers interested in eco-friendly transportation options.
simpleenergy.inLinkedInBengaluru, IndiaMobilityFounded 2019
3 sources
Developing: it holds up against its sources so far, and firms up as more reporting lands.
The source dates the announcement only to November 2021; the URL's month is therefore used with month precision. Several high net-worth individuals are mentioned as participants, but no individual names are provided.
Publication audit: leads should be Manish Bharti (UiPath), Raghunath Subramanian (https://yourstory.com/2021/11/ev-startup-simple-energy-raises-pre-series-round/amp)
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Bridge pre-series investment round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $21M | 2021-11-25 | Raghunath Subramanian, UiPath | No recent discussion |
3 sources [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 of 3 sources
The source dates the announcement only to November 2021; the URL's month is therefore used with month precision. Several high net-worth individuals are mentioned as participants, but no individual names are provided. Publication audit: leads should be Manish Bharti (UiPath), Raghunath Subramanian (https://yourstory.com/2021/11/ev-startup-simple-energy-raises-pre-series-round/amp) | ||||
Checked against 10 sources on Sep 30
| EARLIER ROUNDS FROM COMPANY RESEARCH · DEVELOPING | ||||
| All-equity bridge round | $10 million | 2025-09-25 | Dr. Arokiaswamy Velumani (Thyrocare’s Family Office) | |
Also named as backers in company research: Manish Bharti, Arokiaswamy Velumani / Dr. A. Velumani family office, Ashwin Hinduja, Sanjay Wadhawa, Sandeep Wadhawa, Purple Moon Ventures, Vasavi Green Tech, Vasavi family office, Desai Family office, Balamurugan Arumugam