Bengaluru-Based Relocation Platform HappyLocate has raised USD 1.1Mn in a Pre-Series A round led by Inflection Point Ventures. VM Ventures, RMZ Management also participated in the round. The funds raised will be utilized towards enhancing operational excellence and corporate reach.
Vinay Bansal, Founder & CEO, Inflection Point Ventures says, “As we see business growth bouncing back after 2 years of lull, the war for talent is making companies jump through the proverbial hoops. Many companies are hiring people from other cities and helping them relocate. HappyLocate, with a track record in this market has emerged as one of the preferred partners for enterprises to use their relocation services. Since our last round in the company, we have seen the growth to be manifold and believe that the canvas is much bigger because with digitally enabled services, unorganized markets present a huge business opportunity for the company.”
HappyLocate Founders Ajay Tiwari and Sainadh Duvvuru bring domain expertise along with diverse skill sets to the table. They have been able to launch new service verticals and drive exponential growth despite the pandemic. They are transforming relocation experiences at some of the marquee brands including Coca-Cola, ITC Infotech, Diageo, United Breweries, Airbus, etc. They provide tailored solutions for relocation needs based on the customer’s expectations and feedback using AI and ML powered tools.
Ajay Tiwari, Co-Founder and CEO, HappyLocate says, “HappyLocate is on a mission to transform global mobility with technology and empathy. We are a customer-obsessed team and focus on significantly improving the relocation experience of India through our value system: Reliability, Transparency, and Convenience.”
Categories: Venture Capital