Haran Family Office Invests in Electric Two-Wheeler Startup Simple Energy

Haran Family Office has participated in a USD 10 million bridge round raised by Bengaluru-based electric two-wheeler startup Simple Energy. The round was led by the family office of Thyrocare founder Dr. Arokiaswamy Velumani, with Haran Family Office and investor Balamurugan Arumugam joining as co-participants. Simple Energy was founded in 2019 by Suhas Rajkumar and is engaged in the design and manufacture of electric two-wheelers. The company currently operates across nine Indian states — Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Kerala, Maharashtra, Rajasthan, Delhi, and Uttar Pradesh — through a network of 53 dealer-operated stores. The company reported revenue of INR 27 crore for Q1 FY26. Proceeds from the bridge round are earmarked for store network expansion, with Simple Energy targeting 100 stores by December 2025 and 150 by March 2026, with approximately 90% of its store presence concentrated in South India.

About the Haran Family Office: Bangalore-Based Multi-Generational Investment Platform

Haran Family Office is a privately managed investment platform based in Bangalore, stewarding the capital of the Haran family with a long-term, values-driven approach. The office was built on the foundation of Shailesh Haran’s business career spanning more than three decades, during which he developed enterprises across automobiles, real estate, consumer goods, medicine, media, and technology. The family office is currently managed by Shekha Haran Bhandari, who brings over a decade of operational experience across automobiles, real estate, and startups. Under her management, Haran Family Office has invested in more than 25 startups with a founder-first philosophy, focusing on the energy, electric vehicle, and automobile ecosystem. The family office describes its approach as one of patient, values-driven capital deployment, with an emphasis on backing early-stage entrepreneurs building businesses in sustainable mobility and clean energy.

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Article Source: Venture Intelligence, 06.05.2026