About Sim Sim
Sim Sim is a company based in Delhi (India) founded in 2018 was acquired by YouTube in July 2021. Sim Sim has raised $17.62 million across 4 funding rounds from investors including YouTube, Angel List and Accel. The company has 78 employees as of April 08, 2024. Sim Sim operates in a competitive market with competitors including Wishlink, Woovly, ShoprTV, BulBul and Charmboard, among others.
- Headquarter Delhi, India
- Employees 78 as on 08 Apr, 2024
- Stage Minicorn
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Sectors
Retail
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Szs Tech Private Limited
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$6.5 M (USD)153.21as on Mar 31, 2023
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Net Profit
-$30.85 M (USD)-63.14as on Mar 31, 2023
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EBITDA
-$32.94 M (USD)-74.16as on Mar 31, 2023
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Total Equity Funding
$17.62 M (USD)
in 4 rounds
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Latest Funding Round
$2.17 M (USD), Series B
Mar 25, 2021
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Investors
YouTube
& 31 more
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Employee Count
78
as on Apr 08, 2024
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Acquired by
YouTube
(Jul 20, 2021)
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Funding Insights of Sim Sim
Sim Sim has successfully raised a total of $17.62M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $2.17 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Sim Sim
Sim Sim has secured backing from 32 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include YouTube, Angel List and Accel.
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Seed to series A startups receive investments from Good Capital.
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Accel is recognized as a leading venture capital firm.
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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
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Investor details for Sim Sim
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Investments & Acquisitions by Sim Sim
Investment portfolio details for Sim Sim
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Financial Statements - Sim Sim
Detailed financials for Sim Sim
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Sim Sim Comparisons
Peer comparison for Sim Sim
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Competitors of Sim Sim
Sim Sim operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wishlink, Woovly, ShoprTV, BulBul and Charmboard, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Platform for connecting creators with brands for content monetization
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Makeup, skincare, and personal care products are retailed online.
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Live video shopping platform for customers
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Online live streaming e-commerce for multi-category products is facilitated.
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Multi-category fashion products are offered via an online platform.
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Detailed competitors of Sim Sim
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Latest news on Sim Sim
Complete news archive for Sim Sim
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Frequently Asked Questions about Sim Sim
Sim Sim was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Sim Sim is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Sim Sim is a funded company, having raised a total of $17.62M across 4 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Sim Sim is 78.
Annual revenue of Sim Sim is $6.5M as on Mar 31, 2023.
Sim Sim was founded in 2018 in Delhi, India, as an e-commerce platform focused on short video shopping. Products including clothing, beauty items, home and kitchen goods, and electronics are discovered and purchased through video content. Operations are conducted via mobile applications available on Android and iOS. The domain simsim.in supports user access to these services.
Sim Sim has 32 investors. Key investors include YouTube, Angel List, Accel, Good Capital, and Saiyid Hamid.
The valuation of Sim Sim is $50.13M as of Mar 2021.