About SimpliLend
SimpliLend was a Financial Services company based in Delhi (India) founded in 2016 by Puneet Gupta. It operates a peer-to-peer platform for personal loans. It operates on a P2P model. SimpliLend has raised $46.42 thousand across 1 funding round from investors including Neeru Goyal and Ganapathy S Narayanaswamy. SimpliLend was last valued at $3.11 million in May 2017. The company is recorded as dissolved. Its focus areas include Finance, Fintech, Lending and Peer-to-Peer Loans. Its legal entity in India is Simplified Fintech Private Limited (U67190DL2010PTC197753). Its competitors include Money View, mPokket and MyShubhLife; 3 of its 3 listed competitors have raised funding.
Company details
SimpliLend, established in 2016, excels in finance, fintech, facilitating loans and financing, and peer-to-peer loans. Operates a peer-to-peer platform for personal loans. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Delhi, India
- Founders Puneet Gupta
- Stage Minicorn
- SectorsFinancial Services
- Website simplilend.com
- Legal Name Simplified Fintech Private Limited
- Date of Incorporation 07 Jan, 2010
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹11,215
FY 2022 · -24% YoY
- Net Loss-₹8.7 Lakh
FY 2022 · -7727% margin
- EBITDA-₹7.4 Lakh
FY 2022 · -6632% margin
- Total Equity Funding$46.42K (USD)
in 1 rounds
- Latest Funding Round$46.42K (USD), Angel Round
May 2017
Associated legal entities of SimpliLend
SimpliLend operates through Simplified Fintech Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Simplified Fintech Private Limited CIN U67190DL2010PTC197753 | Strike Off | 07 Jan 2010 | New Delhi, Delhi | ₹0.0 Cr | 2 | View details |
Funding Insights of SimpliLend
SimpliLend has successfully raised a total of $46.42K through 1 strategic funding round. The most recent funding activity was a Angel Round of $46.42 thousand completed in May 2017. 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.
- Total Funding $46,418
- Total Rounds 1
- Last Round Angel Round — $46,418
- First Round $46,418
(May 2017)
- Investors Count 2
All 1 funding rounds of SimpliLend with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2017 | $46,418 | Angel Round | $3.11M | Neeru Goyal |
| Date | Valuation | Stage |
|---|---|---|
| May 2017 | $3.11M | •••••••• |
Last known valuation $3.11M (May 2017). 2 investors in total: 0 institutional and 2 angel.
Investors in SimpliLend
SimpliLend has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Neeru Goyal and Ganapathy S Narayanaswamy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
NG Neeru Goyal | unknown_33e2d33567cd487aa | |||
GS Ganapathy S Narayanaswamy | unknown_03e00dbebcd84731a |
Investor details for SimpliLend
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Simplified Fintech Private Limited (SimpliLend)
Simplified Fintech Private Limited is the primary company behind SimpliLend. The board of Simplified Fintech Private Limited currently have 2 directors; the longest-serving is Gitanjali Gupta, appointed in 2010. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gitanjali Gupta DIN 02728657 | Director | 07 Jan 2010 | 16 yrs 9 mo | Simplified Fintech Private Limited |
| Puneet Gupta DIN 02728604 | Director | 06 Mar 2018 | 8 yrs 7 mo | Simplified Fintech Private Limited |
People of SimpliLend
2 people are tracked at SimpliLend (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, MD | Leadership | |
Kabir Khanna | Leadership |
Complete people profiles for SimpliLend
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of SimpliLend
Figures of Simplified Fintech Private Limited, the primary company behind SimpliLend, for FY 2022. Revenue was ₹11,215 (-24% year on year). Net loss was -₹8.7 Lakh (-7727% margin). EBITDA was -₹7.4 Lakh (-6632% margin). Revenue has grown at a compounded annual rate of -81% over three years and -52% over five years.
- ₹11,215Revenue · FY 2022 · -24% YoY
- -₹8.7 LakhNet loss · -7727% margin
- -₹7.4 LakhEBITDA · -6632% margin
- ₹31.5 LakhPaid-up capital
- -81%Revenue CAGR, 3 years
- -52%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Simplified Fintech Private Limited are on its company page.
Detailed financial statements for SimpliLend
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of SimpliLend
3 dated milestones of SimpliLend across 1 years, from founding to its latest funding, stage changes and deals.
- Founded SimpliLend is founded.
- Funding First funding round of $46K.
- Milestone Reaches Minicorn status.
Competitors of SimpliLend
SimpliLend has 3 listed competitors in our database, 3 of them funded. They include Money View, mPokket and MyShubhLife.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moneyview.in | 2014 | Bengaluru, India | $215.39M | 718 | Loans, credit cards, gold investments, insurance, and UPI are provided. | |
| mpokket.in | 2016 | Kolkata, India | $7.77M | 2,226 | Provider of a digital lending platform offering instant personal loans to underserved youth, providing financial solutions through a mobile app | |
| myshubhlife.com | 2016 | Bengaluru, India | $29.01M | 144 | Embedded finance and personal loan solutions for businesses are offered. |
Detailed competitors of SimpliLend
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about SimpliLend
SimpliLend was founded in 2016 and raised its 1st funding round 1 year after it was founded.
SimpliLend is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
SimpliLend is a funded company, having raised a total of $46.42K across 1 funding round to date. The company's 1st funding round was a Angel Round of $46.42K, raised on May 2017.
The primary company behind SimpliLend, Simplified Fintech Private Limited, reported revenue of ₹11,215 for FY 2022, down 24% year on year.
SimpliLend, established in 2016, excels in finance, fintech, facilitating loans and financing, and peer-to-peer loans. Operates a peer-to-peer platform for personal loans. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
SimpliLend's top competitors include Money View, mPokket and MyShubhLife.
SimpliLend has 2 investors. Key investors include Neeru Goyal, and Ganapathy S Narayanaswamy.
The valuation of SimpliLend is $3.11M as of May 2017.
SimpliLend operates through Simplified Fintech Private Limited.
The legal entities of SimpliLend currently have 2 directors, including Gitanjali Gupta, Puneet Gupta.