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Sim Sim - About the company

Sim Sim is an acqui-hired company based in Delhi (India), founded in 2018 by Amit Bagaria, Saurabh Vashishtha and Kunal Suri. It operates as an App-based platform enabling short video shopping solution. Sim Sim has raised $17.6M in funding from investors like Accel, Shunwei Capital and Good Capital, with last known valuation of *****. The company has 166 active competitors, including 45 funded and 10 that have exited. Its top competitors include companies like Whatnot, Reebonz and Flip.

Company Details

Sim Sim is an app-based platform enabling short video shopping solutions. It allows users to discover products, shop via videos & more. It offers clothing, beauty products, home & kitchen products, electronics, and more. The company offers mobile applications for Android and iOS platforms.
Website
simsim.in
Email ID
*****@simsim.in
Registered Address
5th Floor, DLF Centre, Block 124 Narindra Place, Sansad Marg, New Delhi, New Delhi, Delhi, India, 110001
Key Metrics
Founded Year
2018
Location
Delhi, India
Stage
Acqui-Hired
Total Funding
$17.6M in 4 rounds
Latest Funding Round
Last Known Valuation
***** as on Mar 25, 2021
Investors
Ranked
Employee Count
51 - 200 as on Jul 01, 2024
Similar Companies
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Sim Sim's funding and investors

Sim Sim has raised a total funding of $17.6M over 4 rounds. Its first funding round was on Mar 28, 2019. Its latest funding round was a Series B round on Mar 25, 2021 for $*****. 5 investors participated in its latest round. Sim Sim has 9 institutional investors and 22 angel investors.

Here is the list of recent funding rounds of Sim Sim:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 25, 2021
7326473
Series B
4675307
9511980
2257951
2793362
Feb 10, 2020
5607817
Series B
9817922
2869421
3286271
Nov 14, 2019
1365698
Series A
8352431
3412754
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Sim Sim's founders and board of directors

Founder? Claim Profile
The founders of Sim Sim are Amit Bagaria, Saurabh Vashishtha and Kunal Suri.
Here are the details of Sim Sim's key team members:

Sim Sim's Board of Directors

Sim Sim's board has 3 active members. Amit Bagaria, Saurabh Vashishtha and Kunal Suri are part of team.
Here is the list of Sim Sim's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 1m
Team
-
Current
7y 1m
Team
-
Current
7y 1m

Sim Sim's employee count trend

Sim Sim has 51 - 200 employees as of Jul 24. Here is Sim Sim's employee count trend over the years:
Employee count trend for Sim Sim
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Sim Sim's Competitors and alternates

Top competitors of Sim Sim include Whatnot, Reebonz and Flip. Here is the list of Top 10 competitors of Sim Sim, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Whatnot
Whatnot
2019, Marina Del Rey (United States), Series F
App based platform offering collectibles through live videos
$975M
73/100
2nd
Logo for Reebonz
Reebonz
2009, Singapore (Singapore), Public
Online retailer offering influencer-recommended multi-category fashion products
$64M
71/100
3rd
Logo for Flip
Flip
2019, El Segundo (United States), Deadpooled
App-based video commerce platform for buying and selling multi-category products
$236M
63/100
4th
Logo for Woovly
Woovly
2017, Bengaluru (India), Series A
Online retailer of makeup, skincare, and personal care products
$5.35M
59/100
5th
Logo for LiveAuctioneers
LiveAuctioneers
2002, New York City (United States), Acquired
Live Auctions platform
$47.6M
58/100
6th
Logo for NTWRK
NTWRK
2010, Los Angeles (United States), Series B
Online platform for live video-based shopping
$60M
54/100
7th
Logo for Pankhuri
Pankhuri
2018, Jhansi (India), Series A
Online conversational commerce platform for wedding style recommendations
$3.81M
53/100
8th
Logo for YEAY
YEAY
2015, Berlin (Germany), Seed
Online video-enabled marketplace
$4.9M
53/100
9th
Logo for TILT
TILT
2018, London (United Kingdom), Series A
App-based live streaming platform offering multi-category fashion products
$21M
52/100
10th
Logo for talkShopLive
talkShopLive
2018, West Hollywood (United States), Seed
Online live streaming platform for multi-category products
$10.5M
52/100
15th
Logo for Sim Sim
Sim Sim
2018, Delhi (India), Acqui-Hired
App-based platform enabling short video shopping solution
$17.6M
46/100
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Sim Sim's Latest cap tables and shareholding

Founders own 39.12%, Funds (largest shareholder) own 55.30%, Enterprises own 1.32% and Angels own 4.25%. The net worth of Sim Sim's founders is INR 143Cr as of Mar 25, 2021.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
39.12%
143Cr
8828758
9324571
1377135
9042850
4215282
7687754
5427349
8107346
5610439
6457603
2078326
5080220
5826433
1214254
4811065
3030551
1429208
9264938
1115558
9729744
1768012
9302897
Fund
55.30%
202Cr
4934411
9327431
8068193
5299126
5372730
3989122
5045942
1412892
5528143
2710023
3109413
7684015
7685333
4994787
9712502
5680482
6328580
3498425
5665346
7506306
7274170
2750948
Enterprise
1.32%
4.78Cr
1
2
7
3
Angel
4.25%
15.5Cr
9672
6049
9169
5414
0
0
0
0
0
0
Total
99.99%
364Cr
1141109
8897782
6370727
1889803
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Sim Sim's Shareholding

Sim Sim's Investments and acquisitions

Sim Sim has made no investments or acquisitions yet.

Reports related to Sim Sim

Here is the latest report on Sim Sim's sector:

News related to Sim Sim

YouTube acquires Indian social commerce startup SimsimBHARTI ENTERPRISES (HOLDING) PRIVATE LIMITEDJul 23, 2021YouTube, Sim Sim
Integration with SIMSIMUnicommerceJun 17, 2020Unicommerce, Sim Sim
Simsim’s $8 Million Series B FundraiseGlobal Legal ChronicleMay 11, 2020Rajaram Legal, INDUSLAW, Accel, Sim Sim and 1 other
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