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
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Sectors
TechnologyFinancial Services
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Phone
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Website
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Social
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- Legal Name Paperstack Technologies Pvt Ltd
- Date of Incorporation 26 Jun, 2023
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$6.04 K (USD)0as on Mar 31, 2024
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Net Profit
-$193.28 (USD)0as on Mar 31, 2024
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EBITDA
-$193.28 (USD)0as on Mar 31, 2024
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Total Equity Funding
$901.86 K (USD)
in 2 rounds
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Latest Funding Round
$901.86 K (USD), Seed
Sep 27, 2025
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Investors
Startup India
& 12 more
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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.
AI tool for comparing and recommending health insurance policies
WhatsApp-based platform for insurance queries and advice
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.
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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.
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Investments & Acquisitions by Simple Insure
Investment portfolio details for Simple Insure
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Financial Statements - Simple Insure
Detailed financials for Simple Insure
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- Profit trends
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Simple Insure Comparisons
Peer comparison for Simple Insure
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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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.
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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
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Simple Insure
Complete news archive for Simple Insure
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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.