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
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Sectors
Real Estate & Construction
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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
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Annual Revenue
$240.72 K (USD)57.58as on Mar 31, 2023
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Net Profit
$-2.83 K (USD)-207.14as on Mar 31, 2023
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EBITDA
$8.99 (USD)100.38as on Mar 31, 2023
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Total Equity Funding
$254.59 K (USD)
in 2 rounds
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Latest Funding Round
$26.58 K (USD), Seed
Mar 31, 2020
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Investors
Little Internet
& 1 more
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Employee Count
Employee Count
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Products & Services of SimplyMoveIn
SimplyMoveIn offers a comprehensive portfolio of products and services, including Rental Platform and Property Search Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for searching and renting furnished properties without deposit.
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $26,582
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First Round
First Round
(15 Apr 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Seed - SimplyMoveIn | Valuation | Little Internet |
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| Apr, 2016 | Amount | Seed - SimplyMoveIn | Valuation | Swastika |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Indian technology startups are invested in by Swastika VC firm.
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Founded Year | Domain | Location | |
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Hyperlocal deals are aggregated via a mobile app platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SimplyMoveIn
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SimplyMoveIn
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Simplymovein Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An online marketplace for booking rental residential properties is operated.
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| domain | founded_year | HQ Location |
Online marketplace for booking accommodations
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| domain | founded_year | HQ Location |
Rize is recognized as a platform facilitating rental processes in Saudi Arabia.
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| domain | founded_year | HQ Location |
Managed rental solutions for furnished residential rooms are provided.
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| domain | founded_year | HQ Location |
Rental marketing tools are offered to real estate professionals.
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| domain | founded_year | HQ Location |
Residential accommodations are booked via an online marketplace platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Simplymovein
Frequently Asked Questions about SimplyMoveIn
When was SimplyMoveIn founded?
SimplyMoveIn was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is SimplyMoveIn located?
SimplyMoveIn is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is SimplyMoveIn a funded company?
SimplyMoveIn is a funded company, having raised a total of $254.59K across 2 funding rounds to date. The company's 1st funding round was a Seed of $228.01K, raised on Apr 15, 2016.
What is the annual revenue of SimplyMoveIn?
Annual revenue of SimplyMoveIn is $240.72K as on Mar 31, 2023.
What does SimplyMoveIn do?
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.
Who are the top competitors of SimplyMoveIn?
SimplyMoveIn's top competitors include Spotahome, HousingAnywhere and Rize.
What products or services does SimplyMoveIn offer?
SimplyMoveIn offers Rental Platform and Property Search Service.
Who are SimplyMoveIn's investors?
SimplyMoveIn has 2 investors. Key investors include Little Internet, and Swastika Co.
What is SimplyMoveIn's valuation?
The valuation of SimplyMoveIn is $758.45K as of Apr 2016.
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