Simplismart
Latest round
- Series B
Last raised
- Oct 2026
Total raised
- $21M
Investors
- 10
About Simplismart
Based in Karnataka, India, and founded in 2022 by co-founders by Amritanshu Jain and Devansh Ghatak, Verute Technologies Private Limited doing business as Simplismart, operates as a developer of artificial intelligence-based system designed for model deployment by providing a platform. Simplismart offers a variety of tools designed to streamline the training, deployment, and management of Generative AI models by integrating technologies for deploying large language models (LLMs), speech-to-text (STT) services, and text-to-image generation models Its platform supports deployment across major cloud providers, including AWS, Azure, and GCP, as well as on-premises environments. The company developed SimpliLM, which Facilitates the deployment and fine-tuning of large language models with lightning-fast inference speeds and cost-effective solutions. In addition, the firm provides SimpliScribe, that offers speech-to-text services, supporting over 100 languages with high accuracy and rapid transcription speeds. Verute Technologies Private Limited developed SimpliDiffuse, which provides text-to-image generation APIs. As of 2024, the firm serves various industries such as financial services, Adtech, Commerce, and many more. The company generates revenue based on a pay as you go subscription model that charges its customers based on their requirements such as language models, speech to text, and text to image.
Who invested in Simplismart
10 investors across 3 rounds
See all investors in Simplismart
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Simplismart
Who invested in Simplismart?
Simplismart has 10 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Simplismart raised?
Simplismart has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Simplismart last raise money?
Simplismart's most recent round on record is a Series B, in Oct 2026.
What does Simplismart do?
Based in Karnataka, India, and founded in 2022 by co-founders by Amritanshu Jain and Devansh Ghatak, Verute Technologies Private Limited doing business as Simplismart, operates as a developer of artificial intelligence-based system designed for model deployment by providing a platform.
Where is Simplismart headquartered?
Simplismart is headquartered in Bengaluru, India.
Which VCs invest in companies like Simplismart?
Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at Simplismart's stage. Their profiles are linked below.
VCs backing software startups at Series B
Raising like Simplismart? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.