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Bengaluru-based EV startup Simple Energy has raised $10 million in an all-equity bridge round, led by existing investor Dr. Arokiaswamy Velumani (Founder, Thyrocare’s Family Office), with participation from Balamurugan Arumugam and the Haran family office.
The proceeds will be primarily used to expand its retail and service footprint across India and support continued R&D investments.
Founded in 2019 by Suhas Rajkumar and Shreshth Mishra, with Ankit Gupta later joining as co-founder, Simple Energy builds smart, high-performance electric…
