SimplyMoveIn

Bengaluru, India Founded: 2015 • Age: 11 yrs
Online marketplace to find shared homes, furnished flats and serviced apartments
Annual revenue $240,722 Latest available
Total funding $254,588 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About SimplyMoveIn

SimplyMoveIn is a company based in Bengaluru (India) founded in 2015. SimplyMoveIn has raised $254.59 thousand across 2 funding rounds from investors including Little Internet and Swastika Co. SimplyMoveIn offers products and services including Rental Platform and Property Search Service. SimplyMoveIn operates in a competitive market with competitors including Spotahome, HousingAnywhere, Rize, June Homes and RentJuice, among others.

  • Headquarter Bengaluru, India
  • Sectors
    Real Estate & Construction
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Simplymovein Technologies Private Limited
  • Date of Incorporation 23 Sep, 2015
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $240.72 K (USD)
    57.58
    as on Mar 31, 2023
  • Net Profit
    -$2.83 K (USD)
    -207.14
    as on Mar 31, 2023
  • EBITDA
    $8.99 (USD)
    100.38
    as on Mar 31, 2023
  • Total Equity Funding
    $254.59 K (USD)

    in 2 rounds

  • Latest Funding Round
    $26.58 K (USD), Seed

    Mar 31, 2020

  • Investors
  • Employee Count
    Not available
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Products & Services of SimplyMoveIn

SimplyMoveIn offers a comprehensive portfolio of products and services, including Rental Platform and Property Search Service.

Product name locked
Category locked
Primary

Platform for searching and renting furnished properties without deposit.

Product name locked
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Service to select and rent various home types in Bangalore easily.

Funding Insights of SimplyMoveIn

SimplyMoveIn has successfully raised a total of $254.59K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $26.58 thousand completed in March 2020. 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 SimplyMoveIn

SimplyMoveIn has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Little Internet and Swastika Co.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Indian technology startups are invested in by Swastika VC firm.
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Hyperlocal deals are aggregated via a mobile app platform.
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Investor details for SimplyMoveIn

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Investments & Acquisitions by SimplyMoveIn

Investments
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Investment portfolio details for SimplyMoveIn

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Financial Statements - SimplyMoveIn

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Detailed financials for SimplyMoveIn

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Simplymovein Comparisons

SimplyMoveIn Primary company
Description
Online marketplace to find shared homes, furnished flats and...
Location
Bengaluru, India
Founded Year
2015
Annual Revenue
$240.72 K (USD)
Net Profit
-$2.83 K (USD)
EBITDA
$8.99 (USD)
Employees
Not available
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Peer comparison for SimplyMoveIn

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Competitors of SimplyMoveIn

SimplyMoveIn 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 Spotahome, HousingAnywhere, Rize, June Homes and RentJuice, among others.

Company Name Domain Founded year HQ Location Description
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An online marketplace for booking rental residential properties is operated.
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Online marketplace for booking accommodations
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Rize is recognized as a platform facilitating rental processes in Saudi Arabia.
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Managed rental solutions for furnished residential rooms are provided.
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Rental marketing tools are offered to real estate professionals.
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Residential accommodations are booked via an online marketplace platform.
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Detailed competitors of SimplyMoveIn

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Latest news on Simplymovein

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Complete news archive for SimplyMoveIn

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Frequently Asked Questions about SimplyMoveIn

SimplyMoveIn was founded in 2015 and raised its 1st funding round 1 year after it was founded.

SimplyMoveIn is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

SimplyMoveIn is a funded company, having raised a total of $254.59K across 2 funding rounds to date.

Annual revenue of SimplyMoveIn is $240.72K as on Mar 31, 2023.

Founded in 2015 in Bengaluru, India, SimplyMoveIn functions as an online marketplace in the real estate rental sector. Brokerage-free, fully furnished properties are listed for monthly sharing or private use, with packages covering maintenance, utilities, maids, and cooks. Accommodations are categorized for corporate and hospitality needs, including options near hospitals. A mobile app is offered for Android and iOS devices to facilitate bookings.

SimplyMoveIn's top competitors include Spotahome, HousingAnywhere and Rize.

SimplyMoveIn offers Rental Platform and Property Search Service.

SimplyMoveIn has 2 investors. Key investors include Little Internet, and Swastika Co.

The valuation of SimplyMoveIn is $758.45K as of Apr 2016.

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