About Tipping is simple
Tipping is simple is a company based in Moscow (Russia) founded in 2017 was acquired by Yandex in April 2021.. Tipping is simple operates in a competitive market with competitors including ClinCoin, GostiMoney and SberTip, among others.
- Headquarter Moscow, Russia
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Sectors
Financial Services
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Email
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Phone
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Website
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Funding Insights of Tipping is simple
| 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 Tipping is simple
Tipping is simple has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Yandex. 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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An AI-enabled search engine and related digital services are provided.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Tipping is simple
| 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 - Tipping is simple
| 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 |
Tipping Is Simple Comparisons
Competitors of Tipping is simple
Tipping is simple 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 ClinCoin, GostiMoney and SberTip, 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 |
Delivers cashless tipping solutions for customers.
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| domain | founded_year | HQ Location |
Provides a tip payment solution for consumers.
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| domain | founded_year | HQ Location |
Offers a QR-code-enabled tip payment solution for convenient consumer transactions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Tipping Is Simple
Frequently Asked Questions about Tipping is simple
When was Tipping is simple founded?
Tipping is simple was founded in 2017.
Where is Tipping is simple located?
Tipping is simple is headquartered in Moscow, Russia.
What does Tipping is simple do?
Founded in 2017 in Moscow, Russia, the company provides app-based solutions for facilitating tip payments without cash. Virtual bank cards are utilized through QR code scans or payment links. Services target restaurants, couriers, beauty salons, hotels, and similar businesses. The application is developed for Android and iOS platforms, supporting operations in the fintech sector.
Who are the top competitors of Tipping is simple?
Tipping is simple's top competitors include ClinCoin, GostiMoney and SberTip.
Who are Tipping is simple's investors?
Tipping is simple has 1 investor. Key investors include Yandex.
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