Accel and Shunwei Capital, via Astrent IV India, have invested Rs 17.91 crore each for a 12.5 per cent stake in the Indian startup, Entrackr reported.
Good Capital also participated in the round with an investment of Rs 7.16 crore, taking its stake in the company to 13.69 per cent. High net-worth individuals Sunil Kalra and Samarth Bedi invested Rs 20.4 lakh each in SimSim.
SimSim, operated by SZS Tech Pvt. Ltd, has been valued at Rs 143.31 crore in the new financing round. It had earlier raised $1.5 million from a clutch of top executives from Flipkart and McKinsey.
In the past one year, Shunwei Capital has aggressively ramped up its India investments.
Earlier this month, the Chinese investment firm had participated in an undisclosed funding round of podcasting startup Kuku FM, along with India Quotient and 3One4 Capital. Last month, it invested in bike-taxi service app Rapido. In April, Chinese tech giant Xiaomi, along with Shunwei Capital, has acquired a 10 per cent stake in Chalo, a daily commute solutions startup.
In November last year, Shunwei had invested in the $50-million Series C round of Bengaluru- and California-based Meesho. Its others India investments include language social network ShareChat, news aggregator Dailyhunt, and self-publishing platform Pratilipi.