Velumani Family Office
Thyrocare founder's family office backing EV and manufacturing startups
Velumani Family Office took part in 2 disclosed rounds in Indian startups in 2026 (2 as lead), most often Seed rounds in Healthcare & Life Sciences; its latest was Prodoc AI on 30 September 2026.
About Velumani Family Office
This is the investment office of Dr. Arokiaswamy Velumani, founder of Thyrocare. Public listings place it in Thane and tag its interests as electric vehicles, last-mile transport and manufacturing. Its best-documented bet is Simple Energy, an electric scooter maker, where it led several rounds including the 2026 Series C.
Investment thesis
- Backs EV, last-mile transport and manufacturing companies
- Returns as a repeat, lead investor in companies it already holds
- Writes large cheques for a family office, as the Simple Energy rounds show
Stages
Sectors
Typical cheque: Led a Rs 1,750 crore Series C (Simple Energy, 2026)
Team
Deals in 2026
| Date | Company | Round | Amount | Role | Co-investors | Story |
|---|---|---|---|---|---|---|
| 30 September 2026 | PA Prodoc AI | Seed | Lead | Story | ||
| 30 September 2026 | SE Simple Energy | Series C | ₹1,750 Cr | Lead | Haran Family Office | Story |
Stage and sector mix
Disclosed rounds Velumani Family Office took part in, by stage and by sector.
| Stage | 2026 | 2025 |
|---|---|---|
| Seed | 1 | 0 |
| Series C | 1 | 0 |
| Sector | 2026 | 2025 |
|---|---|---|
| Healthcare & Life Sciences | 1 | 0 |
| Mobility & Logistics | 1 | 0 |
Frequent co-investors
| Investor | Rounds together |
|---|---|
| Haran Family Office | 1 |
Exits and IPOs in the portfolio
| Company | Event | Latest story | Date |
|---|---|---|---|
| SESimple Energy | IPO | Simple Energy eyes listing in second half of FY28 | 1 June 2026 |
Best bets in India
Indian portfolio
- PAProdoc AIHealthcare & Life Sciences · in at Seed · 2026 · Led
- SESimple EnergyMobility · in at Series C · 2026 · Led
India-based companies only. Linked names have a StopDown page; the rest link up on their own as soon as we cover them.
Velumani Family Office in the news
- PAProdoc AI · Funding · 30 September 2026Prodoc AI raises seed round from Velumani family officeProdoc AI is a Bengaluru healthcare startup building a patient journey layer that links hospitals' existing software systems
- SESimple Energy · Funding · 30 September 2026 · ₹1,750 CrSimple Energy raises ₹1,750 crore in Series CSimple Energy is a Bengaluru company that designs its own scooter chassis, battery, motor and software for electric two-wheelers
Read next: companies in the portfolio
Questions about Velumani Family Office
How many investments did Velumani Family Office make in India in 2026?
StopDown has recorded 2 disclosed rounds in Indian startups with Velumani Family Office in 2026 so far, 2 of them as lead. The latest was Prodoc AI on 30 September 2026.
Which sectors does Velumani Family Office invest in?
In the 2025 and 2026 rounds StopDown recorded, Velumani Family Office invested most often in Healthcare & Life Sciences (1 round) and Mobility & Logistics (1 round). Its stated focus: Mobility and Industrial & manufacturing.
Does Velumani Family Office lead rounds?
Yes. StopDown's records name Velumani Family Office as lead or co-lead in 2 of the 2 rounds it took part in during 2025 and 2026, 2 of them in 2026.
What is Velumani Family Office's first cheque size?
Velumani Family Office's typical cheque, as it states it: Led a Rs 1,750 crore Series C (Simple Energy, 2026).
Sources: app.dealroom.co · tryfundable.ai · yourstory.com · autocarpro.in · entrackr.com · india.entrepreneur.com · checked 2026-10-18