HappyLocate
One-stop solution providing a diverse set of relocation services.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | $1.1m | Seed | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 83 % | 197 % | 104 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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HappyLocate, founded in January 2016 by Ajay Tiwari and Sainadh Duvvuru, specializes in providing comprehensive relocation services across India. The company caters to a diverse clientele, including individuals, families, and corporate employees, offering a range of services from house shifting to car and bike transportation. Operating in the relocation and logistics market, HappyLocate leverages its network of 650 packers and movers to deliver a hassle-free moving experience. The business model is centered around a SaaS (Software as a Service) platform that automates employee relocations, making it easier for companies to manage the relocation process for their staff. Revenue is generated through service fees charged for each relocation, as well as commissions from referrals. HappyLocate's integrated mobility solutions ensure a seamless end-to-end experience, addressing the pain points of moving with expert care and efficiency.
Keywords: relocation, logistics, packers, movers, SaaS, employee relocation, house shifting, car transportation, bike transportation, seamless experience.