SimplyFI - About the company
SimplyFI is a funded company based in Bengaluru (India), founded in 2016 by Viswanadh Akella. It operates as a Developer of artificial intelligence platforms for trade and supply chains. The company has 111 active competitors, including 32 funded and 9 that have exited. Its top competitors include companies like Tala, FinBox and OPLinnovate.
Company Details
Developer of artificial intelligence platforms for trade and supply chains. This technology digitizes and automates complex workflows including document examination, trade finance, and logistics management. The platform integrates blockchain to facilitate high-volume transactions while ensuring regulatory compliance and fraud management. It supports operations across banking, healthcare, and import or export sectors by reducing manual processing errors and accelerating transaction speeds.
- Website
- www.simplyfi.tech/
- Email ID
- *****@simplyfi.tech
- Registered Address
- Plot No.118, Epip Layoutwhite Field, EPIP, Bangalore, Bangalore, Karnataka, India, 560066
Key Metrics
Founded Year
2016
Location
Bengaluru, India
Stage
Funding Raised
Investors
Ranked
28th among 111 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
89 as on Mar 31, 2026
Legal entities associated with SimplyFI
SimplyFI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SIMPLYFI SOFTECH INDIA PRIVATE LIMITED CIN: U74999KA2016PTC096120 , India, Active | Aug 30, 2016 | 0 - ₹10 Cr (As on Mar 31, 2025) | 89 (As on Mar 31, 2026) |
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SimplyFI's funding and investors
SimplyFI is a funded company. SimplyFI has 2 institutional investors.
View details of SimplyFI's funding rounds and investors
SimplyFI's founders and board of directors
Founder? Claim ProfileThe founders of SimplyFI is Viswanadh Akella. Viswanadh Akella is the CEO of SimplyFI.
Here are the details of SimplyFI's key team members:
- Viswanadh Akella: Founder & CEO of SimplyFI and founder of 1 other company.
SimplyFI's Board of Directors
SimplyFI's board has 2 active members. Rajachandra Akella Viswanadh and Ayyalasomayajula Chandrasekhar are independent board members.Here is the list of SimplyFI's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 10y 0m | |
dqmgwrl | Independent board member | - | Current | 1y 2m |
View details of SimplyFI's Founder profiles and Board Members
SimplyFI's employee count trend
SimplyFI has 89 employees as of Mar 26. The total employee count is 11.0% more than what it was in Mar 25. Here is SimplyFI's employee count trend over the years:
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SimplyFI's Competitors and alternates
Top competitors of SimplyFI include Tala, FinBox and OPLinnovate. Here is the list of Top 10 competitors of SimplyFI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tala 2011, Santa Monica (United States), Series E | Provider of financial infrastructure and credit decision models | $346M | 81/100 | |
2nd | Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending | $51.1M | 70/100 | ||
3rd | OPLinnovate 2015, Ahmedabad (India), Series B | White label solutions for financial institutions | $14.2M | 67/100 | |
4th | Kaleidofin 2017, Chennai (India), Series B | Financial services platform offering lending, credit assessment, and engagement | $44.7M | 66/100 | |
5th | Provider of software, data, analytics, and related services for financial institutions | - | 63/100 | ||
6th | Knight FinTech 2019, Mumbai (India), Series A | A digital banking technology company that provides full-stack banking solutions for lending, treasury management, and supply chain finance | $32.8M | 62/100 | |
7th | Provider of cloud-based digital lending software and solutions for financial institutions | $104M | 61/100 | ||
8th | Platform offering financial infrastructure | - | 57/100 | ||
9th | Provider of open finance infrastructure for transaction banking and related services | - | - | 57/100 | |
10th | Cloud Lending 2013, Foster City (United States), Acquired | Provider of digital banking solutions for financial institutions and their clients | $16.1M | 56/100 | |
28th | Developer of artificial intelligence platforms for trade and supply chains | - | 42/100 |
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SimplyFI's Investments and acquisitions
SimplyFI has made no investments or acquisitions yet.
Reports related to SimplyFI
Here is the latest report on SimplyFI's sector:
News related to SimplyFI
•
Crypto Revolution Simplified; India to get its first safe, secure and 100 per cent compliant crypto exchangeAsian News International•Sep 12, 2022•SimplyFI
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