About Simplify Infotech Private Limited
Data last updated:
Simplify Infotech Private Limited is a private limited company based in Cuttack, Odisha, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 05 April 2022.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2022PTC039350. Its GSTIN is 21ABICS2144K1ZG (Odisha).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹1.16 Cr. It is led by directors including Aditya Malik and Jitendra Kumar Agrawalla.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.10/D Ward No.27 Muradkhanpatna College Sqaure, Cuttack, Odisha, India – 753003.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.64 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.27 Cr (net margin -172.3%) and EBITDA of -₹6.62 Cr (EBITDA margin -181.8%).
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: KoinX. The company has 1 deal on record (1 funding round), with disclosed funding of ₹11.86 Cr; the latest was in July 2022. Its 10 peer companies in the Ecommerce and Internet industry (Finance) are compared by revenue, 5 larger and 5 smaller; the largest is Epifi Wealth Private Limited with revenue of ₹3.68 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website koinx.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.10/D Ward No.27 Muradkhanpatna College Sqaure, Cuttack, Odisha, India – 753003
- IndustryInternet, Online Financial Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Simplify Infotech Private Limited
The main business activity of Simplify Infotech is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Simplify Infotech Private Limited FY 2025 filings available
Simplify Infotech Private Limited reported revenue of ₹3.64 Cr (up 161% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Simplify Infotech Private Limited
Revenue rose 161% in the latest year. EBITDA rose 47% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Simplify Infotech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹6.62 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.27 Cr | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Simplify Infotech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -181.8% | •••• | •••• |
| Net Profit Margin | -172.3% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Simplify Infotech are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Simplify Infotech Private Limited
Simplify Infotech Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Finance). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Epifi Wealth Private Limited | ₹3.68 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Bangalore, Karnataka, India |
| Wampum Finance Private Limited | ₹3.68 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Chandigarh, India |
| Uplift India Association | ₹3.67 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Pune, Maharashtra, India |
| Loan Network Technologies Private Limited | ₹3.67 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Mumbai, Maharashtra, India |
| Blueant Finserv Private Limited | ₹3.65 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Simplify Infotech Private Limited this company | ₹3.64 Cr (FY 2025) | •••• | •••• | 161.0% | •••• | Cuttack, Odisha, India |
| Paragon Finance Ltd Listed | ₹3.63 Cr (FY 2024) | •••• | •••• | 99.0% | •••• | Kolkata, West Bengal, India |
| Ichibaan Finance Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Mumbai, Maharashtra, India |
| Art Venture Finance (India) Private Limited | ₹3.62 Cr (FY 2019) | •••• | •••• | 262.0% | •••• | New Delhi, Delhi, India |
| Aristocrat Finance and Leasing Company Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Grih Lakshmi Capital Finance Private Limited | ₹3.59 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Simplify Infotech by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Simplify Infotech Private Limited
Simplify Infotech Private Limited is audited by M P Mundhra & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M P Mundhra & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Simplify Infotech Private Limited
Simplify Infotech has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Malik | Director | 16 May 2022 | 4 Years 4 Months | Current |
| Jitendra Kumar Agrawalla | Director | 05 Apr 2022 | 4 Years 6 Months | Current |
| Punit Agarwal Also directs: Blockchain for Health Foundation | Director | 05 Apr 2022 | 4 Years 6 Months | Current |
| Pillarisetti Swadeep Also directs: Altnxt Energy Private Limited, Bolthill Technologies Private Limited, Genese Business Consultancy Private Limited and 1 more | Director | 16 May 2022 | 4 Years 4 Months | Current |
Ownership and Shareholding of Simplify Infotech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Simplify Infotech Private Limited
Simplify Infotech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Simplify Infotech Private Limited
Simplify Infotech Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹11.86 Cr; the latest was in July 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Funding round | ₹11.86 Cr | Investors: 1947 Rise, iSeed, We Founder Circle |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Simplify Infotech Private Limited
Simplify Infotech Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Blue Santos Technologies Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Simplify Infotech Private Limited
Simplify Infotech Private Limited has a workforce of 15 employees as of Mar 29, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Simplify Infotech Private Limited
Simplify Infotech Private Limited has 6 board changes on record since 2022: 4 appointments and 2 cessations. The latest: Aditya Malik ceased to be Additional Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Simplify Infotech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Simplify Infotech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Simplify Infotech Private Limited
Simplify Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21ABICS2144K1ZG | Odisha | Active | 20 May 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Simplify Infotech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Simplify Infotech Private Limited
Simplify Infotech is an active private limited company based in Cuttack, Odisha, India. The company works in online financial services, within the internet industry. It was incorporated on 05 April 2022 (4+ years old) and is registered under CIN U72900OR2022PTC039350.
Simplify Infotech reported revenue of ₹3.64 Cr for FY 2025 (up 161% YoY).
Simplify Infotech has 4 current directors:
- Aditya Malik - Director
- Jitendra Kumar Agrawalla - Director
- Punit Agarwal - Director
- Pillarisetti Swadeep - Director
Simplify Infotech reported a net loss of ₹6.27 Cr (net margin -172.3%) and EBITDA of -₹6.62 Cr (EBITDA margin -181.8%) for FY 2025, as per its filed financial statements.
The GSTIN of Simplify Infotech is 21ABICS2144K1ZG, registered in Odisha.
The CIN (Corporate Identification Number) of Simplify Infotech is U72900OR2022PTC039350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simplify Infotech was incorporated on 05 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Cuttack.
Simplify Infotech has 1 deal on record (1 funding round), with disclosed funding of ₹11.86 Cr; the latest was in July 2022.
The peers of Simplify Infotech by revenue are Epifi Wealth Private Limited, Wampum Finance Private Limited, Uplift India Association, Loan Network Technologies Private Limited, Blueant Finserv Private Limited and 5 more, all in the Ecommerce and Internet industry (Finance).
Aditya Malik ceased to be Additional Director on 29 Sep 2023. Pillarisetti Swadeep ceased to be Additional Director on 29 Sep 2023. Aditya Malik was appointed as Director on 16 May 2022. Simplify Infotech has 6 board changes on record in total.
Yes, Simplify Infotech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Simplify Infotech has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2023.