Simple Insure

Delhi, India Founded: 2024 • Age: 2 yrs
AI-powered platform for comparing and finding health insurance plans
Annual revenue $6,040 Latest available
Total funding $901,864 2 rounds
Employees - Tracked headcount
Investors 13 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Simple Insure

Simple Insure is a company based in Delhi (India) founded in 2024 by Ritik Madan, Kshitij Agrawal, and Anant Jain. Simple Insure has raised $901.86 thousand across 2 funding rounds from investors including Startup India, The Indian Dream and Antler. Simple Insure offers products and services including Simple AI, WhatsApp Advisor, and Web Chat. Simple Insure operates in a competitive market with competitors including Zafin, PureFacts, Glia, Shift Technology and Eltropy, among others.

  • Headquarter Delhi, India
  • Founders Ritik Madan, Kshitij Agrawal, Anant Jain
  • Sectors
    Technology
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Paperstack Technologies Pvt Ltd
  • Date of Incorporation 26 Jun, 2023
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $6.04 K (USD)
    0
    as on Mar 31, 2024
  • Net Profit
    -$193.28 (USD)
    0
    as on Mar 31, 2024
  • EBITDA
    -$193.28 (USD)
    0
    as on Mar 31, 2024
  • Total Equity Funding
    $901.86 K (USD)

    in 2 rounds

  • Latest Funding Round
    $901.86 K (USD), Seed

    Sep 27, 2025

  • Investors
    Startup India

    & 12 more

  • Employee Count
    Not available
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Products & Services of Simple Insure

Simple Insure offers a comprehensive portfolio of products and services, including Simple AI, WhatsApp Advisor, and Web Chat.

Product name locked
Category locked
Primary

AI tool for comparing and recommending health insurance policies

Product name locked
Category locked
Locked

WhatsApp-based platform for insurance queries and advice

Product name locked
Category locked
Locked

Web tool for interacting with AI for policy recommendations

Funding Insights of Simple Insure

Simple Insure has successfully raised a total of $901.86K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $901.86 thousand completed in September 2025. 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 Simple Insure

Simple Insure has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Startup India, The Indian Dream and Antler.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage investing and founder support services are offered globally by Antler.
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Recognition, funding, and resources are provided to Indian startups.
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Provides comprehensive strategic consulting services.
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Investor details for Simple Insure

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Simple Insure

Investments
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Investment portfolio details for Simple Insure

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  • Transaction dates
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Financial Statements - Simple Insure

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Detailed financials for Simple Insure

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Simple Insure Comparisons

Simple Insure Primary company
Description
AI-powered platform for comparing and finding health insuran...
Location
Delhi, India
Founded Year
2024
Annual Revenue
$6.04 K (USD)
Net Profit
-$193.28 (USD)
EBITDA
-$193.28 (USD)
Employees
Not available
Premium access

Peer comparison for Simple Insure

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Simple Insure

Simple Insure 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 Zafin, PureFacts, Glia, Shift Technology and Eltropy, among others.

Company Name Domain Founded year HQ Location Description
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Software solutions for relationship banking in financial services are delivered.
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CRM solutions for wealth managers
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Cloud-based omnichannel platform is provided for financial customer service.
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Provider of AI solutions for insurance underwriting, claims, and risk
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Reputation management software is provided for solar industry sales.
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Customer engagement solutions are provided to banks and related sectors.
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Detailed competitors of Simple Insure

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  • Domains and locations
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Verified entity values are shown only after access is granted.

Latest news on Simple Insure

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Complete news archive for Simple Insure

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Simple Insure

Simple Insure was founded in 2024.

Simple Insure is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Simple Insure is a funded company, having raised a total of $901.86K across 2 funding rounds to date.

Annual revenue of Simple Insure is $6.04K as on Mar 31, 2024.

Simple Insure was founded in 2024 in Delhi, India, as an AI-driven platform in the health insurance sector. Personalized recommendations for policies are provided to individuals and families through a virtual AI agent. The process of evaluating and choosing suitable health plans is streamlined, with operations focused on comparison tools and tailored options across various providers.

Simple Insure's top competitors include Glia, Shift Technology and PureFacts.

Simple Insure offers Simple AI, WhatsApp Advisor, and Web Chat.

Simple Insure has 13 investors. Key investors include Startup India, The Indian Dream, Antler, Ramanathan R V, and Ramganesh Iyer.

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