About SimplFin
SimplFin is a Financial Services company based in India. It operates as a simplifying banking and finance through innovative solutions and services in the BFSI sector. The company has 1 employees. Its Indian entity Simplfin Technologies Private Limited reported revenue of ₹50.4 Lakh. SimplFin offers products and services including SimplDocz and AI Chatbot. Its focus areas include Insurance, Policy Management, Claims Processing and Banking.
Company details
SimplFin is recognized for transforming the banking and financial landscape by providing innovative solutions that streamline client experiences. With over two decades of expertise in the BFSI sector, tailored products like SimplDocz and AI Chatbot are offered to enhance document verification and customer interactions. Services encompass Oracle Banking implementations, migrations, and support, ensuring efficient operations across global regions. Additionally, solutions are extended to non-BFSI sectors such as e-commerce and airlines for comprehensive operational streamlining.
- Headquarters India
- Employees 1
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Legal Name Simplfin Technologies Private Limited
- Date of Incorporation 24 Aug, 2022
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹50.4 Lakh
FY 2024
- Net Profit₹17.7 Lakh
FY 2024 · 35% margin
- EBITDA₹23.7 Lakh
FY 2024 · 47% margin
- Employee Count1
Associated legal entities of SimplFin
SimplFin operates through Simplfin Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Simplfin Technologies Private Limited CIN U72900TN2022PTC154854 | Active | 24 Aug 2022 | Chennai, Tamil Nadu | ₹0.5 Cr | – | 2 | View details |
Products & Services of SimplFin
SimplFin offers a comprehensive portfolio of products and services, including SimplDocz and AI Chatbot.
A solution is designed for streamlining document collection and verification, ensuring security and operational efficiency in financial processes
An intelligent virtual assistant is utilized to enhance user interactions and support multiple languages in banking environments
Board of directors of Simplfin Technologies Private Limited (SimplFin)
Simplfin Technologies Private Limited is the primary company behind SimplFin. The board of Simplfin Technologies Private Limited currently have 2 directors; the longest-serving is Magalingam Rajesh Kannan, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Magalingam Rajesh Kannan DIN 09645071 | Director | 24 Aug 2022 | 4 yrs 1 mo | Simplfin Technologies Private Limited |
| Muthuramalingam Periya Thambi DIN 09714701 | Director | 24 Aug 2022 | 4 yrs 1 mo | Simplfin Technologies Private Limited |
Financials of SimplFin
Figures of Simplfin Technologies Private Limited, the primary company behind SimplFin, for FY 2024. Revenue was ₹50.4 Lakh. Net profit was ₹17.7 Lakh (35% margin). EBITDA was ₹23.7 Lakh (47% margin).
- ₹50.4 LakhRevenue · FY 2024
- ₹17.7 LakhNet profit · 35% margin
- ₹23.7 LakhEBITDA · 47% margin
- ₹6 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Simplfin Technologies Private Limited are on its company page.
Detailed financial statements for SimplFin
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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Top companies in Insurance & Risk Management
10 companies that operate in the same segment as SimplFin (Insurance & Risk Management), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Health insurance plans are offered for individuals and families. | 2006 | Chennai, Tamil Nadu, India | USD 783.29 M | USD 1.9 B | 15,820 | |
Life, health, and general insurance services are provided across India. | 2001 | Mumbai, Maharashtra, India | USD 306.52 M | USD 2.88 B | 16,700 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | – | USD 15.24 B | 126 | |
Life Insurance joint venture between SBI and BNP Paribas Cardiff | 2000 | Mumbai, Maharashtra, India | USD 264 M | USD 14.28 B | 26,360 | |
Insurance, banking, and wealth management services are provided worldwide. | 1816 | Paris, France | – | USD 128.35 B | 100,040 | |
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | – | – | |
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States | – | – | – | |
Cloud-based employee benefits administration solutions are delivered. | 1998 | West Des Moines, Iowa, United States | USD 65.16 M | – | – |
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Frequently Asked Questions about SimplFin
SimplFin is headquartered in India.
SimplFin has 1 employees.
The primary company behind SimplFin, Simplfin Technologies Private Limited, reported revenue of ₹50.4 Lakh for FY 2024.
SimplFin is recognized for transforming the banking and financial landscape by providing innovative solutions that streamline client experiences. With over two decades of expertise in the BFSI sector, tailored products like SimplDocz and AI Chatbot are offered to enhance document verification and customer interactions. Services encompass Oracle Banking implementations, migrations, and support, ensuring efficient operations across global regions. Additionally, solutions are extended to non-BFSI sectors such as e-commerce and airlines for comprehensive operational streamlining.
SimplFin offers SimplDocz and AI Chatbot.
SimplFin operates through Simplfin Technologies Private Limited.
The legal entities of SimplFin currently have 2 directors, including Magalingam Rajesh Kannan, Muthuramalingam Periya Thambi.