About Simpl
Simpl is a Financial Services company based in Bengaluru (India) founded in 2015 by Nityanand Sharma. An online platform for purchase financing is provided by Simpl. 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. Simpl was last valued at $15.1 million in August 2017. Its chief executive, as recorded, is Nityanand Sharma. Its website getsimpl.com draws about 191 thousand monthly visits. Its Indian entity Get Simpl Technologies Private Limited reported revenue of ₹3 Lakh. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its competitors include Credit Fair, ZestMoney and Lazypay; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 144
- Founders Nityanand Sharma
- Stage Minicorn
- SectorsFinancial Services
- Website category Food and Drink · Restaurants and Delivery
- Email••••••••
- Website getsimpl.com
- Social LinkedIn X Facebook
- Legal Name Get Simpl Technologies Private Limited
- Date of Incorporation 02 Feb, 2015
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹3 Lakh
FY 2024 · +198% YoY
- Net Loss-₹44.7 Lakh
FY 2024 · -1471% margin
- EBITDA-₹44.7 Lakh
FY 2024 · -1471% margin
- Total Equity Funding$47.47M (USD)
in 4 rounds
- Latest Funding Round$40M (USD), Series B
Oct 2021
- InvestorsFJ Labs
& 43 more
- Employee Count144
Associated legal entities of Simpl
Simpl is associated with 3 registered companies on The Company Check; the primary company is Get Simpl Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Get Simpl Technologies Private Limited CIN U74999MH2015PTC261546 | Active | 02 Feb 2015 | Mumbai, Maharashtra | ₹0.0 Cr | 92 | 2 | View details |
| Bil Sigma Technologies Private Limited CIN U63999KA2023FTC174463 | Active | 02 Jun 2023 | Bangalore, Karnataka | ₹7.5 Cr | 1 | 2 | View details |
| One Sigma Technologies Private Limited CIN U72900KA2020PTC142722 | Active | 29 Dec 2020 | Bangalore, Karnataka | ₹150 Cr | 350 | 2 | View details |
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.
- Total Funding $47.47M
- Total Rounds 4
- Last Round Series B — $40M
- First Round $1.3M
(Jun 2015)
- Investors Count 44
All 4 funding rounds of Simpl with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $40M | Series B | – | IA Ventures, Valar Ventures | |
| Aug 2017 | $4.9M | Series A | $15.1M | Green Visor Capital | |
| Nov 2016 | $1.27M | Seed | $7.37M | Green Visor Capital, IA Ventures | |
| Jun 2015 | $1.3M | Seed | $••••• | Green Visor Capital |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2017 | $15.1M | •••••••• |
| Nov 2016 | $7.37M | •••••••• |
| Jun 2015 | $••••• | •••••••• |
Full valuation and stage history of Simpl
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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- Dates
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Verified entity values are shown only after access is granted.
Last known valuation $15.1M (Aug 2017). 44 investors in total: 26 institutional and 18 angel.
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 |
|---|---|---|---|---|
US tech investments are targeted by Green Visor Capital. | greenvisorcapital.com | San Francisco, United States | ||
Seed and early-stage venture capital firm focusing on investments in technology and fintech companies | iaventures.com | New York, United States | ||
Corporate-backed venture capital firm focused on fintech, Edtech, and multiple sectors | recruitstrategicpartners.com | San Mateo, United States | ||
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors | 2007 | fjlabs.com | New York, United States | |
Global investments in tech sectors are conducted by Valar Ventures. | valar.com | New York, United States | ||
Early-stage tech-focused VC firm funding companies in the US | hardyaka.com | San Francisco, United States | ||
Venture capital fund focused on fintech and multiple sectors | Dover, United States | |||
Investments in early-stage startups are made by Fermont Capital. | Boston, United States | |||
PE firm investing in the US | sfcapgroup.com | New York, United States | ||
Multiple sectors are invested in by the venture capital firm. |
Investor details for Simpl
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Board of directors of Get Simpl Technologies Private Limited (Simpl)
Get Simpl Technologies Private Limited is the primary company behind Simpl. The boards of the 3 registered companies of Simpl currently have 3 directors; the longest-serving is Nityanand Sharma, appointed in 2023. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nityanand Sharma DIN 05349596 | Director | 02 Jun 2023 | 3 yrs 5 mo | Bil Sigma Technologies Private Limited, One Sigma Technologies Private Limited, Get Simpl Technologies Private Limited |
| Nitin Parakh DIN 08620375 | Director | 02 Jun 2023 | 3 yrs 5 mo | Bil Sigma Technologies Private Limited, One Sigma Technologies Private Limited |
| Bhanu Kumar DIN 10941798 | Additional Director | 07 Feb 2025 | 1 yr 9 mo | Get Simpl Technologies Private Limited |
People of Simpl
67 people are tracked at Simpl (15 in leadership, 52 in team); the tracked headcount is 144.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Shoan Motwani | Vice President | Leadership |
Santhosh Hs | Executive Assistant To Chief Executive Officer | Head Administration & Employee Engagement | Leadership |
Prateek Chugh | Vice President, D2c Biz | Leadership |
John Smith | Director Of Product | Leadership |
Nikita Gupta | Associate Director - Data Science | Leadership |
Udit Gupta | Vice President Of Product Management | Leadership |
Yatin Gupta | Head Of Engineering | Leadership |
Yohn Gorge | Director Of Product | Leadership |
Doe Smith | Director Of Product | Leadership |
Jhon Aron | Director Of Product | Leadership |
Russell Byrne | Chief Financial Officer | Leadership |
Harsha Neigapula | Associate Director | Leadership |
Faiz Ahmed Mulla | Chief Of Staff | Leadership |
Vishnu Raghunathan | Director - Business Growth | Leadership |
Raksha A | Senior Software Engineer | Team |
Piyush Jain | Fraud Analyst | Team |
Gaurav Sharma | Senior Software Engineer | Team |
Ayush Wagdre | Software Engineer | Team |
Shivanju Awasthi | Staff Engineer | Team |
47 more people are available in the full profile.
Complete people profiles for Simpl
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Simpl
Figures of Get Simpl Technologies Private Limited, the primary company behind Simpl, for FY 2024. Revenue was ₹3 Lakh (+198% year on year). Net loss was -₹44.7 Lakh (-1471% margin). EBITDA was -₹44.7 Lakh (-1471% margin). Revenue has grown at a compounded annual rate of -83% over three years and -65% over five years.
- ₹3 LakhRevenue · FY 2024 · +198% YoY
- -₹44.7 LakhNet loss · -1471% margin
- -₹44.7 LakhEBITDA · -1471% margin
- ₹5.93 CrPaid-up capital
- 92Employees (provident fund records)
- -83%Revenue CAGR, 3 years
- -65%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Get Simpl Technologies Private Limited are on its company page.
Detailed financial statements for Simpl
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Simpl
4 dated milestones of Simpl across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Simpl is founded.
- Funding First funding round of $1.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $40.0M.
Competitors of Simpl
Simpl has 3 listed competitors in our database, 3 of them funded. They include Credit Fair, ZestMoney and Lazypay.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| creditfair.in | 2018 | Mumbai, India | $26.81M | 291 | Solar financing solutions are provided by Credit Fair in India. | |
| zestmoney.in | 2015 | Delhi, India | $151.12M | 21 | Online platform offering point-of-sale financing | |
| lazypay.in | 2017 | Mumbai, India | $7M | 366 | Provider of digital payment solutions, including deferred payment and personal loans |
Detailed competitors of Simpl
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Simpl
The website of Simpl (getsimpl.com) receives about 191.2K visits a month and ranks #179,233 among all websites worldwide, #5,793 in Restaurants and Delivery.
- Monthly visits191.2K
▼ 34.9% vs previous month
- Unique visitors123K
per month
- Global rank#179,233
among all websites
- Category rank#5,793
Food and Drink · Restaurants and Delivery
- Bounce rate61%
- Pages per visit2.0
- Average visit1 min 30 sec
- DevicesDesktop 7% · Mobile 93%
Websites whose visitors overlap most with Simpl. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| swiggy.com | 100% | 21.3M | #1,566 | View details | |
| zomato.com | 100% | 17.2M | #2,861 | View details | |
| blinkit.com | 89% | 17.2M | #2,353 | View details | |
simpl.com | simpl.com | 86% | #891,161 | – |
Top companies in Alternative Lending
3 companies that operate in the same segment as Simpl (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 |
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Related news about 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 CEO of Simpl, as recorded in our data. They have also founded this company.
Simpl is a funded company, having raised a total of $47.47M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Jun 2015.
Simpl has 144 employees.
The primary company behind Simpl, Get Simpl Technologies Private Limited, reported revenue of ₹3 Lakh for FY 2024, up 198% year on year.
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's top competitors include ZestMoney, Lazypay and Credit Fair.
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.
Simpl is associated with 3 legal entities: Get Simpl Technologies Private Limited, Bil Sigma Technologies Private Limited, One Sigma Technologies Private Limited.
The legal entities of Simpl currently have 3 directors, including Nityanand Sharma, Nitin Parakh, Bhanu Kumar.