About Simpl
Simpl is a company based in Bengaluru (India) founded in 2015 by Nityanand Sharma. Simpl has raised $47.47 million across 4 funding rounds from investors including FJ Labs, Green Visor Capital and IA Ventures. The company has 144 employees as of January 31, 2025. Simpl operates in a competitive market with competitors including PayJoy, Credit Fair, ZestMoney, Lazypay and Snapmint, among others.
- Headquarter Bengaluru, India
- Employees 144 as on 31 Jan, 2025
- Founders Nityanand Sharma
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
$18.09 M (USD)48as on Mar 31, 2024
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Net Profit
-$32.17 M (USD)27as on Mar 31, 2024
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EBITDA
-$25.62 M (USD)40as on Mar 31, 2024
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Total Equity Funding
$47.47 M (USD)
in 4 rounds
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Latest Funding Round
$40 M (USD), Series B
Oct 14, 2021
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Investors
FJ Labs
& 43 more
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Employee Count
144
as on Jan 31, 2025
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People of Simpl
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Funding Insights of Simpl
Simpl has successfully raised a total of $47.47M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in October 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 Simpl
Simpl has secured backing from 44 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include FJ Labs, Green Visor Capital and IA Ventures.
| Investor | Description | Founded Year | Domain | Location |
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US tech investments are targeted by Green Visor Capital.
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Seed and early-stage venture capital firm focusing on investments in technology and fintech companies
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Corporate-backed venture capital firm focused on fintech, Edtech, and multiple sectors
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Locked | Locked | Locked |
Investor details for Simpl
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Investments & Acquisitions by Simpl
Investment portfolio details for Simpl
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Financial Statements - Simpl
Detailed financials for Simpl
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Simpl Comparisons
Peer comparison for Simpl
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Competitors of Simpl
Simpl 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 PayJoy, Credit Fair, ZestMoney, Lazypay and Snapmint, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform for purchase financing
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Solar financing solutions are provided by Credit Fair in India.
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Online platform offering point-of-sale financing
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Provider of digital payment solutions, including deferred payment and personal loans
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No-credit-card EMI solutions for online purchases are provided.
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Detailed competitors of Simpl
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Latest news on Simpl
Complete news archive for Simpl
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Frequently Asked Questions about Simpl
Simpl was founded in 2015.
Simpl is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Nityanand Sharma is the current CEO of Simpl. They have also founded this company.
Simpl is a funded company, having raised a total of $47.47M across 4 funding rounds to date.
As of Jan 31, 2025, the latest employee count at Simpl is 144.
Annual revenue of Simpl is $18.09M as on Mar 31, 2024.
Simpl was founded in 2015 in Bengaluru, India, as a fintech company focused on digital payments. An online marketplace platform is operated to enable purchase financing for e-commerce shoppers. Checkout processes are streamlined, allowing payments to be deferred over a 15-day cycle without interest. Proprietary technology is utilized to handle payment management, conversion optimization, and user experience in the online retail sector.
Simpl has 44 investors. Key investors include FJ Labs, Green Visor Capital, IA Ventures, Recruit Strategic Partners, and Valar Ventures.
The valuation of Simpl is $15.1M as of Aug 2017.