Google-owned Simsim invests Rs 178 Cr to make Rs 18 Cr in FY22

Image Credit: Entrackr
  • Google-owned YouTube acquired vernacular social commerce startup Simsim in FY22 for an undisclosed sum.
  • Despite being under the hood of Google, Simsim’s growth during FY22 was not high-paced.
  • Simsim’s revenue from operations increased 64.5%, from Rs 11.07 crore in FY21 to Rs 18.21 crore in FY22.

[Via]