About Simplify Money
Simplify Money is a company based in Delhi (India) founded in 2023. Simplify Money has raised $427.7 thousand across 2 funding rounds from investors including Sachin Sharma, Sanjeev Kumar Chaudhary and Subhabrat Padhi. Simplify Money offers products and services including Insurance Plans and Digital Gold.
- Headquarter Delhi, India
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Social
Locked
- Legal Name Turvas Technology Solutions Private Limited
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$427.7 K (USD)
in 2 rounds
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Latest Funding Round
$127.15 K (USD), Angel Round
Jul 28, 2025
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Investors
& 10 more
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Employee Count
Not available
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Products & Services of Simplify Money
Simplify Money offers a comprehensive portfolio of products and services, including Insurance Plans and Digital Gold.
Insurance plans for health, term, and car are offered with full transparency and no commission charges.
Digital gold investments are facilitated starting from ₹10, allowing flexible building of savings.
Funding Insights of Simplify Money
Simplify Money has successfully raised a total of $427.7K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $127.15 thousand completed in July 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 Simplify Money
Simplify Money has secured backing from 11 investors, including angel investors. Prominent investors backing the company include Sachin Sharma, Sanjeev Kumar Chaudhary and Subhabrat Padhi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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SS
Sachin Sharma |
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|
Locked | Locked | Locked |
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SK
Sanjeev Kumar Chaudhary |
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Locked | Locked | Locked |
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SP
Subhabrat Padhi |
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Locked | Locked | Locked |
Investor details for Simplify Money
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Investments & Acquisitions by Simplify Money
Investment portfolio details for Simplify Money
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Financial Statements - Simplify Money
Detailed financials for Simplify Money
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Simplify Money Comparisons
Peer comparison for Simplify Money
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Competitors of Simplify Money
Detailed competitors of Simplify Money
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Latest news on Simplify Money
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Frequently Asked Questions about Simplify Money
Simplify Money was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Simplify Money is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Simplify Money is a funded company, having raised a total of $427.7K across 2 funding rounds to date.
Financial planning is democratized through AI-driven solutions offered by Simplify Money, which are tailored to meet the unique needs of users in India. Net worth tracking, a marketplace for financial products, and gamified learning experiences are provided to facilitate effortless money management. Insurance, investments, and loans are curated for accessibility, empowering individuals to achieve their goals seamlessly. Commitment to transparency and empowerment is demonstrated in the apps design for Gen Z users, supported by Turvas Technology Solutions Private Limited.
Simplify Money offers Insurance Plans and Digital Gold.
Simplify Money has 11 investors. Key investors include Sachin Sharma, Sanjeev Kumar Chaudhary, Subhabrat Padhi, Shalabh Gupta, and Neha Maheshwari.