When was Simplotel founded?

Simplotel was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is Simplotel located?

Simplotel is headquartered in Bengaluru, India. It is registered at No. 112, 3rd and 4th Floor 13th Main Road, Behind Arogya Ahaara, HSR Layout, Sector 5, 1st Block Koramangala, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102.

Which legal entities is Simplotel associated with?

Simplotel is associated with SIMPLOTEL TECHNOLOGIES PRIVATE LIMITED.

How many employees does Simplotel have?

As of Aug 31, 2025, Simplotel has 140 employees, reflecting a 24% year-over-year growth in headcount.

Is Simplotel a funded company?

Simplotel is a funded company, having raised a total of $2.11M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 19, 2014.

How much is Simplotel worth?

The latest valuation of Simplotel is $***** as of Sep 28, 2022.

When was the latest funding round of Simplotel?

Simplotel's latest funding was a $***** Seed round on Dec 21, 2016, with participation from 1 investor.

What is the annual revenue of Simplotel?

Annual revenue of Simplotel is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does Simplotel rank among its competitors?

Simplotel ranks 10th amongst 751 active competitors, of which 29 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Group360, which secured an undisclosed amount in Jan, 2025.

Who are the top competitors of Simplotel?

Simplotel's top competitors include RateHawk, Eviivo and HyperGuest. Among them, Group360 secured the most recent funding round in January, 2025.

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

Simplotel is a seed company based in Bengaluru (India), founded in 2013 by Meenal Goyal and Savan Bellur. It operates as a Cloud platform to develop website and booking engine for hotels. Simplotel has raised $2.11M in funding from MakeMyTrip, with a current valuation of $*****. The company has 751 active competitors, including 29 funded and 38 that have exited. Its top competitors include companies like RateHawk, Eviivo and HyperGuest.

Company Details

Simplotel offers a cloud based platform for hotels and motels to give their services an online presence and manage their bookings through their web platform. The tools delivered enables growth in direct bookings through the platform, great website design matching the brand of the hotel, cross-platform compatibility for the website, website activity metrics through dashboards for the hotel management and social media integration on the website. MakeMyTrip picked a small minority stake in the company for an undisclosed amount on January 29th, 2015.

Website: www.simplotel.com/
Social
Email ID: *****@simplotel.com
Phone Number: +91 **********
Registered Address: No. 112, 3rd and 4th Floor 13th Main Road, Behind Arogya Ahaara, HSR Layout, Sector 5, 1st Block Koramangala, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102

Key Metrics

Founded Year

2013

Location

Bengaluru, India

Stage

Seed

Total Funding

$2.11M in 3 rounds

Latest Funding Round

Seed, Dec 21, 2016, $*****

Post Money Valuation

$***** as on Sep 28, 2022

Investors

MakeMyTrip & 2 more

Ranked

10^th among 751 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

140 as on Aug 31, 2025

Similar Companies

RateHawk & 712 more

View Simplotel's full profile

Simplotel is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
SIMPLOTEL TECHNOLOGIES PRIVATE LIMITED CIN: U72200KA2014PTC072860 , India, Active	Jan 03, 2014	₹10 - ₹50 Cr (As on Mar 31, 2025)	140 (As on Aug 31, 2025)

Simplotel has raised a total funding of $2.11M over 3 rounds. Its first funding round was on Dec 19, 2014. Its latest funding round was a Seed round on Dec 21, 2016 for $*****. 1 investor participated in its latest round. Simplotel has 1 institutional investor and 2 angel investors.

Here is the list of recent funding rounds of Simplotel:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 21, 2016	8528087	Seed	9216872	5980809	3279943	7396009
Jun 15, 2015	4312291	Seed	6883126	3398696	3525311	9272185
Dec 19, 2014	1706039	Seed	2051350	9512062	7976405	MakeMyTrip & 1 more

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View details of Simplotel's funding rounds and investors

The founders of Simplotel are Meenal Goyal and Savan Bellur.

Here are the details of Simplotel's key team members:

Meenal Goyal: Co-Founder of Simplotel. They serve on the board of 1 company.
Contact Info: 1 email address
Savan Bellur: Co-Founder & CTO of Simplotel.

Simplotel's Board of Directors

Simplotel's board has 2 active members. Meenal Goyal and Tarun Goyal are part of team.

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

Name	Type	Representing	Status	Duration
Meenal Goyal	Team	-	Current	12y 7m
Tarun Goyal	Team	-	Current	12y 7m

View details of Simplotel's Founder profiles and Board Members

Simplotel's employee count trend

Simplotel has 140 employees as of Aug 25. The total employee count is 24.0% more than what it was in Aug 24. Here is Simplotel's employee count trend over the years:

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Top competitors of Simplotel include RateHawk, Eviivo and HyperGuest. Here is the list of Top 10 competitors of Simplotel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	RateHawk 2016, United States, Unfunded	Provider of online platform for booking accommodations, flights, and car rentals	-	-	58/100
2nd	Eviivo 2008, London (United Kingdom), Acquired	End-to-end management solutions provider for vacation rentals	-	Barclays, Blenheim Chalcot	58/100
3rd	HyperGuest 2020, Tel Aviv (Israel), Series A	Provider of a marketplace connecting hotels and travel providers directly	$23M	Lightspeed Venture Partners, Viola Group & 1 others	57/100
4th	Group360 2013, Kissimmee (United States), Series B	Provider of a platform for group hotel bookings and event spaces	$90.5M	Zigg Capital, Nashville Capital Network & 7 others	57/100
5th	Juniper 1996, Palma (Spain), Acquired	Provider of technology solutions for the global travel and tourism industry	-	Aquila, Juniper Group	56/100
6th	Selfbook 2018, New York City (United States), Series A	Provider of a platform streamlining hotel direct bookings through AI search	$42M	Tiger Global Management, TenOneTen & 12 others	55/100
7th	GuestCentric 2006, New York City (United States), Series A	Cloud-based hotel reservation system maximizing direct bookings and online presence	$5.3M	Portugal Ventures, ASK Group & 3 others	53/100
8th	Pruvo 2016, Haifa (Israel), Seed	App-based platform to rebook hotels for travelers	$1.1M	4Founders Capital, Portugal Ventures & 1 others	51/100
9th	ZentrumHub 2021, Pune (India), Unfunded	Provider of an AI-powered platform for hotel booking and connectivity	-	-	47/100
10th	Simplotel 2013, Bengaluru (India), Seed	Cloud platform to develop website and booking engine for hotels	$2.11M	MakeMyTrip & 2 others	46/100

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Founders own 34.03%, Enterprises (largest shareholder) own 55.54%, Angels own 0.44% and ESOP Pool own 9.99%. The net worth of Simplotel's founders is INR 33Cr as of Sep 28, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	34.03%	33Cr	8886826	4556393	5913685	9618895
Vinay Goyal	5	4	4	5	5	8
Enterprise	55.54%	53.9Cr	2776271	6212606	8193024	3421063
Angel	0.44%	42.7L	0	0	0	0
ESOP Pool	9.99%	9.69Cr	2730323	1246544	7530247	1130959
Total	100.00%	97Cr	1824072	3900058	4515719	3186428