About Simplicity Creations
Simplicity Creations is a Technology company based in Pune (India) founded in 2012, and was acquired by iLink Digital in January 2020. IT and digital marketing services are provided to clients. The company has 11 employees. Its Indian entity Simplicity Creations Technologies Private Limited reported revenue of ₹26.1 Lakh. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
Simplicity Creations was founded in 2012 and is headquartered in Pune, India. Operations focus on the IT and digital marketing sectors, where services such as software development, web design, and online advertising strategies are offered. The company serves businesses seeking digital solutions, with activities centered in the Indian market and potential for international outreach. Core offerings emphasize practical implementation of technology and marketing tools.
- Headquarters Pune, India
- Employees 11
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website simplicity-creations.com
- Social LinkedIn X Facebook
- Acquired by iLink Digital (Jan 2020)
- Legal Name Simplicity Creations Technologies Private Limited
- Date of Incorporation 20 Jun, 2013
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹26.1 Lakh
FY 2023 · -81% YoY
- Net Profit₹24.4 Lakh
FY 2023 · 94% margin
- EBITDA₹24.8 Lakh
FY 2023 · 95% margin
- Investors
- Employee Count11
- Acquired byiLink Digital
(Jan 2020)
Associated legal entities of Simplicity Creations
Simplicity Creations operates through Simplicity Creations Technologies Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Simplicity Creations Technologies Private Limited CIN U72900PN2013PTC147835 | Amalgamated | 20 Jun 2013 | Pune, Maharashtra | ₹0.3 Cr | 11 | 5 | View details |
Investors in Simplicity Creations
Simplicity Creations has secured backing from 1 investor. Prominent investors backing the company include iLink Digital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Digital transformation, AI, IoT, and data analytics services are provided. | 2002 | ilink-digital.com | Bothell, United States |
Investor details for Simplicity Creations
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Board of directors of Simplicity Creations Technologies Private Limited (Simplicity Creations)
Simplicity Creations Technologies Private Limited is the primary company behind Simplicity Creations. The board of Simplicity Creations Technologies Private Limited currently have 5 directors; the longest-serving is Ritesh Vithaldas Kapadia, appointed in 2013. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ritesh Vithaldas Kapadia DIN 06463345 | Director | 20 Jun 2013 | 13 yrs 4 mo | Simplicity Creations Technologies Private Limited |
| Rushikesh Raghuraj Kulkarni DIN 06463351 | Director | 20 Jun 2013 | 13 yrs 4 mo | Simplicity Creations Technologies Private Limited |
| Kadayam Ramakrishna Iyer Sankaran DIN 02222624 | Director | 29 May 2020 | 6 yrs 5 mo | Simplicity Creations Technologies Private Limited |
| Sankaran Sreebalaji Kadayan DIN 09526576 | Director | 04 Mar 2022 | 4 yrs 8 mo | Simplicity Creations Technologies Private Limited |
| Cheyyar Nageswaran Prasanna DIN 10107254 | Additional Director | 10 Apr 2023 | 3 yrs 7 mo | Simplicity Creations Technologies Private Limited |
Financials of Simplicity Creations
Figures of Simplicity Creations Technologies Private Limited, the primary company behind Simplicity Creations, for FY 2023. Revenue was ₹26.1 Lakh (-81% year on year). Net profit was ₹24.4 Lakh (94% margin). EBITDA was ₹24.8 Lakh (95% margin). Revenue has grown at a compounded annual rate of -63% over three years and -34% over five years.
- ₹26.1 LakhRevenue · FY 2023 · -81% YoY
- ₹24.4 LakhNet profit · 94% margin
- ₹24.8 LakhEBITDA · 95% margin
- ₹1 LakhPaid-up capital
- 11Employees (provident fund records)
- -63%Revenue CAGR, 3 years
- -34%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Simplicity Creations Technologies Private Limited are on its company page.
Detailed financial statements for Simplicity Creations
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Timeline of Simplicity Creations
2 dated milestones of Simplicity Creations across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Simplicity Creations is founded.
- Exit Acquired by iLink Digital.
Competitors of Simplicity Creations
Simplicity Creations has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Simplicity Creations
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Frequently Asked Questions about Simplicity Creations
Simplicity Creations was founded in 2012.
Simplicity Creations is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Simplicity Creations has 11 employees.
The primary company behind Simplicity Creations, Simplicity Creations Technologies Private Limited, reported revenue of ₹26.1 Lakh for FY 2023, down 81% year on year.
Simplicity Creations was founded in 2012 and is headquartered in Pune, India. Operations focus on the IT and digital marketing sectors, where services such as software development, web design, and online advertising strategies are offered. The company serves businesses seeking digital solutions, with activities centered in the Indian market and potential for international outreach. Core offerings emphasize practical implementation of technology and marketing tools.
Simplicity Creations's top competitors include Happiest Minds and Datamatics.
Simplicity Creations has 1 investor. Key investors include iLink Digital.
Simplicity Creations operates through Simplicity Creations Technologies Private Limited.
Yes. Simplicity Creations was acquired by iLink Digital in January 2020.
The legal entities of Simplicity Creations currently have 5 directors, including Ritesh Vithaldas Kapadia, Rushikesh Raghuraj Kulkarni, Kadayam Ramakrishna Iyer Sankaran and others.