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Simpl

Simpl

Simpl empowers any merchant, large and small, to build a trusted relationship with their consumer one transaction at a time via 1-click checkout, POS credit, and targeted loyalty rewards, all packed into a cohesive consumer experience at checkout.

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Simpl
Simpl
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Basic Information
Simpl empowers any merchant, large and small, to build a trusted relationship with their consumer one transaction at a time via 1-click checkout, POS credit, and targeted loyalty rewards, all packed into a cohesive consumer experience at checkout. Simpl believes that a payment experience should be no experience and the only experience that matters is that of buying and enjoying the purchase. Simpl provides users with features like buy now pay later, one-click checkout with no OTP required, full buyer protection and instant chargebacks . They also provide one bill for all purchases and payment for utilities via BillBox among other features.
Legal Name
:
One Sigma Technologies Private Limited
Headquarters
:
Bengaluru, Karnataka, India
Business Model
:
B2B2C  
Founding Date
:
Feb 2015
No. of Employees
:
151 to 250
Core Team
:
1.  
Nityanand Sharma
Founder & CEO
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Timeline

2015

Company Incorporation

Feb | Company Incorporation

Company Incorporation

Revenue Stream
Commission on transaction
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Target Market
B2C
Through the invite-only nature, Simpl attracts a positively selected group of convenience seekers (rather than credit seekers) who constitute the most loyal and highest value customers of our merchants.
User Age
:
35 to 45,  26 to 34,  18 to 25  
User Income
:
Upper-middle Income,  Lower-middle Income,  High Income  
Location
:
India  
B2B
Our mission at Simpl is to build a platform that empowers any merchant, large and small, to build a trusted relationship with their consumer one transaction at a time via 1-click checkout.
Client Segment
:
FinTech,  HealthTech / MedTech / Healthcare,  Travel/Hospitality,  FoodTech  
Target Companies
:
Large Enterprise,  Medium Enterprise,  Small Enterprise,  Startup  
Target Geography
:
India  
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Funding

Total Funding

$25.0M

Investors
:
1.  
IA Ventures
2.  
Recruit Strategic Partners
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3.  
FJ Labs
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4.  
Green Visor Capital

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Detail Round Breakdown
Round 1
Round 2

$2.5M

Series Name
:
SERIES-A
Date
:
1st Jun 2018
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