About Simpliwork
Simpliwork is a company based in Bengaluru (India) founded in 2018 by Kunal Walia. Simpliwork has raised $2.53 million across 2 funding rounds from investors including Darshita Landed Property, Neelanchal Properties and Krishna Kumar. The company has 159 employees as of April 06, 2024. Simpliwork operates in a competitive market with competitors including WeWork, Industrious, Knotel, BHIVE Workspace and IndiQube, among others.
- Headquarter Bengaluru, India
- Employees 159 as on 06 Apr, 2024
- Founders Kunal Walia
- Stage Minicorn
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Sectors
Real Estate & Construction
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Phone
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Website
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Social
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- Legal Name Simpliwork Offices Private Limited
- Date of Incorporation 27 Dec, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$45.32 M (USD)32.07as on Mar 31, 2023
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Net Profit
-$8.12 M (USD)-403.84as on Mar 31, 2023
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EBITDA
$2.99 M (USD)-60.29as on Mar 31, 2023
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Total Equity Funding
$2.53 M (USD)
in 2 rounds
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Latest Funding Round
$2.03 M (USD), Series A
Apr 29, 2019
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Investors
Darshita Landed Property
& 19 more
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Employee Count
159
as on Apr 06, 2024
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People of Simpliwork
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Funding Insights of Simpliwork
Simpliwork has successfully raised a total of $2.53M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.03 million completed in April 2019. 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 Simpliwork
Simpliwork has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Darshita Landed Property, Neelanchal Properties and Krishna Kumar.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward multiple sectors.
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Land and property development services are provided in Bengaluru.
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KK
Krishna Kumar |
Founder of Simpl, prominent angel investor in Indian startups
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Investor details for Simpliwork
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Investments & Acquisitions by Simpliwork
Investment portfolio details for Simpliwork
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Financial Statements - Simpliwork
Detailed financials for Simpliwork
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Simpliwork Comparisons
Peer comparison for Simpliwork
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Competitors of Simpliwork
Simpliwork 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 WeWork, Industrious, Knotel, BHIVE Workspace and IndiQube, among others.
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Flexible office and coworking spaces are provided by WeWork globally.
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Flexible workspace solutions are provided for teams and individuals.
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Managed co-working spaces, desks, and offices are provided by Knotel.
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Flexible workspace solutions, including coworking and managed offices, are offered.
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Flexible workspace solutions are provided for enterprises, startups, and SMBs.
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Managed co-working spaces with conference rooms and amenities are offered.
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Detailed competitors of Simpliwork
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Latest news on Simpliwork
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Frequently Asked Questions about Simpliwork
Simpliwork was founded in 2018.
Simpliwork is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Kunal Walia is the current CEO of Simpliwork. They have also founded this company.
Simpliwork is a funded company, having raised a total of $2.53M across 2 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Simpliwork is 159.
Annual revenue of Simpliwork is $45.32M as on Mar 31, 2023.
Simpliwork was founded in 2018 in Bengaluru, India, as a provider of outsourced office solutions for enterprises. Built-to-suit office designs and technology-enabled spaces are offered to meet varying business needs. Facility management services are included alongside flexible lease options. Enterprise and private offices are adapted to support operational changes in the real estate and workspace sector.
Simpliwork's top competitors include WeWork, Convene and Industrious.
Simpliwork has 20 investors. Key investors include Darshita Landed Property, Neelanchal Properties, Krishna Kumar, Rakesh Kacker, and Kunal Walia.
The valuation of Simpliwork is $4.25M as of Apr 2019.