Bengaluru-Primarily based Relocation Platform HappyLocate has raised $1.1Mn in a Pre-Sequence A spherical led by Inflection Level Ventures. VM Ventures, RMZ Administration additionally participated within the spherical. The funds raised can be utilized in direction of enhancing operational excellence and company attain.
Since HappyLocate’s launch in 2016, the corporate has emerged as essentially the most sought-after answer for greater than 50 enterprise purchasers, together with Fortune 500 corporations: With an over 30% Quarterly development, HappyLocate is managing over 1000+ relocations each month.
Vinay Bansal, Founder & CEO, Inflection Level Ventures says, “As we see enterprise development bouncing again after 2 years of lull, the conflict for expertise is making corporations bounce by the proverbial hoops. Many corporations are hiring folks from different cities and serving to them relocate. HappyLocate, with a monitor report on this market has emerged as one of many most well-liked companions for enterprises to make use of their relocation companies. Since our final spherical within the firm, we have now seen the expansion to be manifold and imagine that the canvas is way greater as a result of with digitally enabled companies, unorganized markets current an enormous enterprise alternative for the corporate.”
HappyLocate Founders Ajay Tiwari and Sainadh Duvvuru carry area experience together with numerous talent units to the desk. They’ve been in a position to launch new service verticals and drive exponential development regardless of the pandemic. They’re reworking relocation experiences at a number of the marquee manufacturers together with Coca-Cola, ITC Infotech, Diageo, United Breweries, Airbus, and so forth. They supply tailor-made options for relocation wants primarily based on the shopper’s expectations and suggestions utilizing AI and ML powered instruments.
HappyLocate ensures seamless relocations with 98% much less delays, no false claims, clear pricing, and insurance coverage options built-in in an easy-to-use platform. Clients have higher expertise by the vary of value-added companies resembling flights reserving, housing help and different settling companies. To standardize the consumer expertise, HappyLocate has launched its personal line of packing supplies together with offering coaching and help to its registered packer and mover companions.
Ajay Tiwari, Co-Founder and CEO, HappyLocate says, “HappyLocate is on a mission to remodel world mobility with expertise and empathy. We’re a customer-obsessed workforce and deal with considerably bettering the relocation expertise of India by our price system: Reliability, Transparency, and Comfort.”
Know-how is altering our lives and impacting organizations in all industries. The relocation trade isn’t any exception. Whereas the worldwide serviceable addressable market is about $1 trillion, the Indian market is valued round $21 billion, rising put up pandemic. HappyLocate is addressing a big market, which has opened put up Covid with its tech enabled dashboard for employers, workers and repair companions to assist in simplifying & standardizing operation.