Big round · 30 September 2026

Simple Energy raises $180M Series C led by Dr. Arokiaswamy Velumani Family Office

By Millionrounds ResearchPublished 1 October 2026Updated 3 October 2026

Simple Energy, based in India, has raised $180M in a Series C led by Dr. Arokiaswamy Velumani Family Office, announced on 30 September 2026. 4 other investors joined. It is the 278th largest equity round we recorded in the twelve months to that date, and the 58th largest Series C of 220. The median Series C over the same period was $100M, so this one is 1.8 times that. Its previous round on record was a Series B of $6.0M in January 2014, 152 months earlier.

Raised$180M2 sources reported it
StageSeries C3 earlier rounds on record
Investors51 named as lead
Where INIndia

Automotive & EVsCleantechManufacturing

How big is it?

Against every equity round we recorded in the twelve months to 30 September 2026. Ranks count companies, so the same raise reported twice is counted once.

#278equity round of the last twelve months
#58Series C of 220 in that time
#5round in India, of 102
This round$180M
Median Series C$100M

1.8 times the median Series C of the last twelve months.

Who invested

Also in the round

Funding history

  1. September 2026Series C$180M
  2. January 2014Series B$6.0M
  3. February 2013Series A$2.0M
  4. August 2011Seed$900K

$189M raised across the 4 rounds we hold.

Reported by

  1. Inc4230 September
  2. Bestvantage Investments2 October

The round's figures come from these reports; each link opens the original.

Other big rounds that week

AArmadin$256M Series BEliseAI$350M GrowthJeeves$110M Series CInstinct$1.0B Series CQuartermaster$140M Series B
The companySimple Energy on Millionrounds→Weekly roundupWeek of 28 September→Monthly roundupSeptember 2026→