Hash003
SIMPL in Crisis?
heard that they are burning a lot in funding discounts on D2C websites they work with to retain them. BNPL is also not doing too well.
11mo ago
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Curated from across
heard that they are burning a lot in funding discounts on D2C websites they work with to retain them. BNPL is also not doing too well.
there was a time in 2019 when they were written off as closing down soon. but, in the last 4yrs, they have proved to stand firmly strong. not really by good business or people practices, but, when things are terrible, they have the team or person to always do the rescue. lets see what happens this time.
Lol they just fired half of that resilient team
Simpl looks good to me, are you sure about this?
Simpl needs to get on swiggy , Amazon Flipkart ola uber Asap . Good product and use case makes payments journey shorter will help you out in times of cash crunch month end days before salary drops . It's basically free money just take it and don't return it they can't even do anything if lots of us do it company can go bust in a day .
Most of these enterprises have partnered with other banks to provide pay later services which is equivalent to simpl, and less costly for them
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Second round of layoffs at simpl within a month☠️
No future for BNPL in India?? 🤔
This may be a weird observation, but for quite a while now, they've been running this wild promo and selling their products for bizarrely low prices - like a combo of lipsticks for ₹1 (albeit a ₹199 shipping, but that's free on orders ab...
Boys and girls, Simpl is laying heavy this week. Stay tuned for my rant post in some days
Also Dm if you can refer for sde jobs, thanks
Bruh they were hiring last week. DM me for referrals at Angel One. (Fully remote for SDEs)