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 $1.81B 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 31 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 Snapmint, ZestMoney and axio. Among them, PayJoy secured the most recent funding round in December, 2025.

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

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 31 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2024

Employee Count

144 as on Jan 31, 2025

Similar Companies

Snapmint & 228 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	6752491	Series B	9536195	9552777	7633049	8199242
Aug 17, 2017	8469176	Series A	5511039	2307891	8042303	IA Ventures & 22 more
Nov 30, 2016	6840131	Seed	3029214	2169402	Green Visor Capital & 1 more	Graph Ventures & 6 more

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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 9m
iixsdqb	Team	-	Past	9y 8m
mmg{kml	Investor	b{srppo	Past	9y 2m
Pankaj Baid	Independent board member	-	Current	4y 9m

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:

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Top competitors of Simpl include Snapmint, ZestMoney 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	Snapmint 2017, Mumbai (India), Series B	Online retailer of electronics, appliances, fashion, and home and kitchenware	$181M	Kae Capital, General Atlantic & 178 others	77/100
2nd	ZestMoney 2015, Delhi (India), Acquired	Online platform offering point-of-sale financing	$151M	Quona, Goldman Sachs & 34 others	74/100
3rd	axio 2013, Bengaluru (India), Acquired	Provider of an online lending platform offering point of sale financing	$206M	Amazon, Elevation Capital & 32 others	74/100
4th	PayJoy 2015, San Francisco (United States), Series C	Online platform for purchase financing	$205M	Compound, Union Square Ventures & 32 others	68/100
5th	ONEMi 2011, Chennai (India), Series A	EMI based purchase loan provider	$5M	-	55/100
6th	Simpl 2015, Bengaluru (India), Deadpooled	Provider of an online marketplace platform for purchase financing	$83M	Graph Ventures, Valar Ventures & 41 others	55/100
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	52/100
8th	Fastrr 2017, Gurugram (India), Unfunded	Provider of one-click checkout software & solutions for e-commerce business	-	-	50/100
9th	LazyPay 2017, Mumbai (India), Funding Raised	Provider of digital credit and payment solutions	-	Prosus	49/100
10th	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	49/100

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ONE SIGMA TECHNOLOGIES PRIVATE LIMITED, the legal entity associated with Simpl, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2024. The revenue of ONE SIGMA TECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 48% in the last 1 year.

Financial Statement Summary

Metrics	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	3573	6325	8705	8261
Total Sales	5330	4212	8447	5968
Total Expenses	3930	6328	6925	5060
Operating Expenses	5469	6938	9053	2521
Employee Expenses	3282	2214	5954	4213
Marketing Expenses	6343	8581	8672	6218
Operating Income (EBIT)	1319	4814	3241	2593
Interest Expenses	8952	4587	1268	2775
Expenses from other activities	3993	6667	1346	4641
EBITDA	2756	3198	2228	2810
Taxes	2054	8516	8779	6518
Net Profit	4761	4226	7610	8370
Balance Sheet
Assets	1852	3170	1140	7603
Cash Equivalent	4699	7343	8345	8697
Accounts Receivables	5067	9852	3100	5410
Inventory	7590	5292	7824	8480
Liabilities	8252	2197	6508	5202
Total Debt	7290	8881	3753	3392
Accounts Payable	5392	1822	3015	4440
Equities	1023	8428	2280	5010
Cashflow Statement
Cash from Operating activities	5807	1651	5197	1037
Cash from Investing activities	6653	2102	7918	5872
Net cash from Financing activities	9919	9802	8883	7529

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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. The cap table displayed below is for GET SIMPL TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Simpl.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	21.94%	21.2Cr	1211227	6423184	1769855	5319321
Fund	46.35%	44.9Cr	6316677	2525876	2672340	8982278
Green Visor Capital	6147467	4558638	6117108	9372062	9037007	3805029
IA Ventures	4732166	8848011	5798446	4855946	2204829	9199479
Enterprise	1.52%	1.48Cr	2	8	7	1
Angel	7.99%	7.74Cr	2452517	7885888	9277472	7903582
Other People	21.94%	21.2Cr	5673714	6860190	1930865	4800901
Total	99.74%	96.6Cr	8533706	7842399	4116628	1816088