Suhas Rajkumar

Co-founder & CEO of Simple Energy, an ev company based in Bengaluru.

Co-founder · CEOBengaluruEV

Founded

2019

Bengaluru, Karnataka, India

Latest round

Series B (equity)

₹127 crore · Jun 2026

About

Suhas Rajkumar is Co-founder & CEO of Simple Energy, an ev company based in Bengaluru, founded in 2019. Simple Energy's most recent disclosed round was a Series B (debt) of ₹123 crore in Jun 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2019

Simple Energy

EV · Bengaluru · Active

Simple Energy is an Indian electric two-wheeler manufacturer. It designs and builds electric scooters, including the Simple One and Simple Dot One, and manufactures at its facility in Tamil Nadu with a focus on long-range battery performance.

Funding

Jun 2026Series B (equity)₹127 croreFamily office of Dr. Arokiaswamy Velumani (lead), Suhas Rajkumar (₹13.5 crore), Ankit Gupta (₹13.5 crore), angel investors

Jun 2026Series B (debt)₹123 croreHDFC Bank, Capitar Ventures, consortium of NBFCs

2025Bridge round$10MArokiaswamy Velumani (lead), Balamurugan Arumugam, Shekha Haran family office

Jul 2024Series A$20MHaran family office, A. Velumani family office, Vasavi family office, Desai family office (Apar Industries promoters), Balamurugan Arumugam

Company profile →6 rounds on record

Also building Simple Energy

SMShreshth MishraCo-founder→

Coverage

1 story

Funding · 1 Jun 2026 · 3 min read

Simple Energy Secures ₹250 Crore Series B Round to Scale EV Production and Prepare for FY28 IPO