About SimSol Technologies & Services
SimSol Technologies & Services is a Financial Services company based in Mumbai (India) founded in 2011. Banking software suite for automation and payment solutions is offered. The company has 27 employees. Its Indian entity Simsol Technologies & Services Private Limited reported revenue of ₹2.28 Cr. SimSol Technologies & Services offers products and services including Scolend, SimPay, SimCare, SimSwagat, and Chassist. Its focus areas include FinTech, Banking Tech and Banking Software Suite. Its competitors include Comviva, Infibeam Avenues and Aurionpro; 1 of its 3 listed competitors has raised funding.
Company details
SimSol Technologies Services was founded in 2011 and is based in Mumbai, India. A suite of banking software products is provided, including SIMDHARA for activity automation, SIMRULE for cloud-based payments, SIMSMART for bank-NBFI assignments, and SIMPMAY for claims and lending. Application development and consultancy services are also offered to support financial operations.
- Headquarters Mumbai, India
- Employees 27
- SectorsFinancial Services
- Email••••••••
- Website simsol.in
- Social LinkedIn X Facebook
- Legal Name Simsol Technologies & Services Private Limited
- Date of Incorporation 10 Feb, 2011
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹2.28 Cr
FY 2025 · -28% YoY
- Net Loss-₹11.2 Lakh
FY 2025 · -5% margin
- EBITDA₹1.27 Cr
FY 2025 · 56% margin
- Employee Count27
Associated legal entities of SimSol Technologies & Services
SimSol Technologies & Services operates through Simsol Technologies & Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Simsol Technologies & Services Private Limited CIN U72900MH2011PTC213255 | Active | 10 Feb 2011 | Mumbai, Maharashtra | ₹2.3 Cr | 27 | 4 | View details |
Products & Services of SimSol Technologies & Services
SimSol Technologies & Services offers a comprehensive portfolio of products and services, including Scolend, SimPay, SimCare, SimSwagat, and Chassist.
Manages loan applications and processing for financial institutions.
Handles commissions and invoicing for business partners.
Supports partner information updates and tracking.
Facilitates agreement management for new partners.
Processes NACH transactions and generates reports.
Board of directors of Simsol Technologies & Services Private Limited (SimSol Technologies & Services)
Simsol Technologies & Services Private Limited is the primary company behind SimSol Technologies & Services. The board of Simsol Technologies & Services Private Limited currently have 4 directors; the longest-serving is Deepak Tripunitura Ramachandran Kumar, appointed in 2011. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Deepak Tripunitura Ramachandran Kumar DIN 03369452 | Managing Director | 10 Feb 2011 | 15 yrs 8 mo | Simsol Technologies & Services Private Limited |
| Shanthy Deepak DIN 03347622 | Director | 10 Feb 2011 | 15 yrs 8 mo | Simsol Technologies & Services Private Limited |
| Ravi Narayanan DIN 07454553 | Director | 06 Mar 2017 | 9 yrs 7 mo | Simsol Technologies & Services Private Limited |
| Dishant Iyer DIN 07751779 | Director | 10 Mar 2017 | 9 yrs 7 mo | Simsol Technologies & Services Private Limited |
Financials of SimSol Technologies & Services
Figures of Simsol Technologies & Services Private Limited, the primary company behind SimSol Technologies & Services, for FY 2025. Revenue was ₹2.28 Cr (-28% year on year). Net loss was -₹11.2 Lakh (-5% margin). EBITDA was ₹1.27 Cr (56% margin). Revenue has grown at a compounded annual rate of +11% over three years and +32% over five years.
- ₹2.28 CrRevenue · FY 2025 · -28% YoY
- -₹11.2 LakhNet loss · -5% margin
- ₹1.27 CrEBITDA · 56% margin
- ₹2 LakhPaid-up capital
- 27Employees (provident fund records)
- +11%Revenue CAGR, 3 years
- +32%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Simsol Technologies & Services Private Limited are on its company page.
Detailed financial statements for SimSol Technologies & Services
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- Statement rows
- Financial ratios
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Competitors of SimSol Technologies & Services
SimSol Technologies & Services has 3 listed competitors in our database, 1 of them funded. They include Comviva, Infibeam Avenues and Aurionpro.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| comviva.com | 1999 | Gurugram, India | $13.5M | 2,283 | Software platforms for telecommunications, digital payments, and experiences are provided. | |
| ia.ooo | 2007 | Gandhinagar, India | 642 | Digital payment solutions and enterprise software platforms are provided. | ||
| aurionpro.com | 1997 | Mumbai, India | 2 | Loan and cash management solutions are provided for banks. |
Detailed competitors of SimSol Technologies Services
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
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Frequently Asked Questions about SimSol Technologies & Services
SimSol Technologies & Services was founded in 2011.
SimSol Technologies & Services is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
SimSol Technologies & Services has 27 employees.
The primary company behind SimSol Technologies & Services, Simsol Technologies & Services Private Limited, reported revenue of ₹2.28 Cr for FY 2025, down 28% year on year.
SimSol Technologies Services was founded in 2011 and is based in Mumbai, India. A suite of banking software products is provided, including SIMDHARA for activity automation, SIMRULE for cloud-based payments, SIMSMART for bank-NBFI assignments, and SIMPMAY for claims and lending. Application development and consultancy services are also offered to support financial operations.
SimSol Technologies & Services's top competitors include Comviva, Infibeam Avenues and Aurionpro.
SimSol Technologies & Services offers Scolend, SimPay, SimCare, SimSwagat, and Chassist.
SimSol Technologies & Services operates through Simsol Technologies & Services Private Limited.
The legal entities of SimSol Technologies & Services currently have 4 directors, including Deepak Tripunitura Ramachandran Kumar, Shanthy Deepak, Ravi Narayanan and others.