When was Simpl founded?

Simpl was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is Simpl located?

Simpl is headquartered in Bengaluru, India. It is registered at 1st & 2nd Floor, Kagalwala House, Plot No.175, BHD Metro House, CST Road, Kalina, BKC, Sant, acruz (E), Mumbai City, Mumbai, Maharashtra, India, 400098.

Which legal entities is Simpl associated with?

Simpl is associated with GET SIMPL TECHNOLOGIES PRIVATE LIMITED and 2 others.

How many employees does Simpl have?

As of Jan 31, 2025, Simpl has 144 employees, reflecting a 56% year-over-year decline in headcount.

Is Simpl a funded company?

Simpl is a funded company, having raised a total of $83M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 03, 2015.

How much is Simpl worth?

The last known valuation of Simpl was $***** as of Dec 28, 2021.

When was the latest funding round of Simpl?

Simpl's latest funding was a $***** Series B round on Oct 14, 2021, with participation from 28 investors. Its primary sector is Digital Lending. In India, the Digital Lending sector has seen $1.01B in funding in 2026 to date.

What is the annual revenue of Simpl?

Annual revenue of Simpl is between ₹100 Cr and ₹500 Cr as on Mar 31, 2024

Where does Simpl rank among its competitors?

Simpl ranks 6th amongst 35 active competitors, of which 14 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was PayJoy, which secured $140M in Dec, 2025.

Who are the top competitors of Simpl?

Simpl's top competitors include ZestMoney, Snapmint and axio. Among them, PayJoy secured the most recent funding round in December, 2025.

Simpl - 2026 Company Profile, Team, Funding, Competitors & Financials

Simpl is a deadpooled company based in Bengaluru (India), founded in 2015. It operates as a Provider of an online marketplace platform for purchase financing. Simpl has raised $83M in funding from investors like Green Visor Capital, IA Ventures and Valar Ventures, with last known valuation of $*****. The company has 35 active competitors, including 14 funded and 6 that have exited. Its top competitors include companies like ZestMoney, Snapmint and axio.

Company Details

Provider of an online marketplace platform for purchase financing. It is a digital payment platform that provides checkout experience for online shoppers, enabling them to shop now and pay later with a 15-day billing cycle and no interest rates. The company's proprietary technology simplifies online commerce by managing payment friction, conversion rates, and customer satisfaction.

Website: getsimpl.com
Social
Email ID: *****@getsimpl.com
Registered Address: 1st & 2nd Floor, Kagalwala House, Plot No.175, BHD Metro House, CST Road, Kalina, BKC, Sant, acruz (E), Mumbai City, Mumbai, Maharashtra, India, 400098

Key Metrics

Founded Year

2015

Location

Bengaluru, India

Stage

Deadpooled

Total Funding

$83M in 4 rounds

Latest Funding Round

Series B, Oct 14, 2021, $*****

Last Known Valuation

$***** as on Dec 28, 2021

Investors

Green Visor Capital & 42 more

Ranked

6^th among 35 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2024

Employee Count

144 as on Jan 31, 2025

Similar Companies

Snapmint & 241 more

View Simpl's full profile

Simpl is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
BIL SIGMA TECHNOLOGIES PRIVATE LIMITED CIN: U63999KA2023FTC174463 , India, Active	Jun 02, 2023	0 - ₹10 Cr (As on Mar 31, 2025)	1 (As on Feb 28, 2025)
ONE SIGMA TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2020PTC142722 , India, Active	Dec 29, 2020	₹100 - ₹500 Cr (As on Mar 31, 2024)	63 (As on Sep 01, 2025)
GET SIMPL TECHNOLOGIES PRIVATE LIMITED CIN: U74999MH2015PTC261546 , India, Active	Feb 02, 2015	0 - ₹10 Cr (As on Mar 31, 2025)	108 (As on Jan 01, 2021)

Simpl has raised a total funding of $83M over 4 rounds. Its first funding round was on Jun 03, 2015. Its latest funding round was a Series B round on Oct 14, 2021 for $*****. 28 investors participated in its latest round. Simpl has 25 institutional investors and 18 angel investors.

Here is the list of recent funding rounds of Simpl:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 14, 2021	6618068	Series B	2930124	4098365	3159264	7377682
Aug 17, 2017	5310780	Series A	1700477	9917303	8839136	IA Ventures & 22 more
Nov 30, 2016	8986242	Seed	1166695	5931221	Green Visor Capital & 1 more	Graph Ventures & 6 more

Access funding benchmarks and valuations. Sign up today!

View details of Simpl's funding rounds and investors

Simpl's Board of Directors

Simpl's board has 2 active members. Nitya Sharma is part of team and Pankaj Baid is independent board member.

Here is the list of Simpl's board of directors:

Name	Type	Representing	Status	Duration
Nitya Sharma	Team	-	Current	11y 7m
mwvhdqc	Team	-	Past	8y 4m
zvucxdg	Investor	hzbcsuq	Past	4y 3m
Pankaj Baid	Independent board member	-	Current	4y 8m

Simpl's employee count trend

Simpl has 144 employees as of Jan 25. The total employee count is 57.0% lower than what it was in Jan 24. Here is Simpl's employee count trend over the years:

Uncover Simpl's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Simpl include ZestMoney, Snapmint and axio. Here is the list of Top 10 competitors of Simpl, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ZestMoney 2015, Delhi (India), Acquired	Online platform offering point-of-sale financing	$151M	Quona, Goldman Sachs & 34 others	78/100
2nd	Snapmint 2017, Mumbai (India), Series B	Online retailer of electronics, appliances, fashion, and home and kitchenware	$181M	Kae Capital, General Atlantic & 177 others	77/100
3rd	axio 2013, Bengaluru (India), Acquired	Provider of an online lending platform offering point of sale financing	$206M	Amazon, Elevation Capital & 32 others	75/100
4th	SBI Card 1998, Gurugram (India), Public	Provider of credit card services, including rewards, offers, and online payments	$68.5M	ICICI Bank, Axis Bank & 6 others	74/100
5th	PayJoy 2015, San Francisco (United States), Series C	Online platform for purchase financing	$205M	Compound, Union Square Ventures & 32 others	66/100
6th	Simpl 2015, Bengaluru (India), Deadpooled	Provider of an online marketplace platform for purchase financing	$83M	Graph Ventures, Valar Ventures & 41 others	60/100
7th	Nimbbl 2020, Mumbai (India), Seed	Provider of one-click checkout and payment solutions for online businesses	$7.12M	Peak XV Partners, QED Innovation Labs & 11 others	55/100
8th	LazyPay 2017, Mumbai (India), Unfunded	Provider of digital credit and payment solutions	-	-	54/100
9th	Paytail 2020, Delhi (India), Seed	Provider of fintech platform enabling instant equated monthly installment solutions for consumers	$1.78M	Cholamandalam Investment and Finance Company ... & 5 others	51/100
10th	Fastrr 2017, Gurugram (India), Unfunded	Provider of one-click checkout software & solutions for e-commerce business	-	-	50/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Simpl's competitors? Click here to see the top ones

Founders own 21.94%, Funds (largest shareholder) own 46.35%, Enterprises own 1.52% and Angels own 7.99%. The net worth of Simpl's founders is INR 21.2Cr as of Sep 14, 2017.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	21.94%	21.2Cr	3069310	8712756	7309266	3582654
Fund	46.35%	44.9Cr	8426088	5081167	8070170	3663629
Green Visor Capital	4032008	9356529	9218313	4009694	9515833	2502790
IA Ventures	2088929	1156821	5344724	2959461	1145367	1219528
Enterprise	1.52%	1.48Cr	2	6	4	4
Angel	7.99%	7.74Cr	2262426	4075590	4473851	9180430
Other People	21.94%	21.2Cr	4276281	9421191	5924280	3646450
Total	99.74%	96.6Cr	9122100	6461364	4718956	3614322