Bengaluru based Relocation Platform HappyLocate raises $1.1 M funding in Pre-Series A round
- ByStartupStory | May 18, 2022
Happy locate, A benguluru based startup that works on providing one-stop solution for various set of relocation services announced that the firm raised $1.1 million in Pre-series A round led by Inflection Point Ventures. RMZ management, VM ventures also took part in the funding round. The firm decided to utilise the funds to enhance operational excellence and corporate reach.
Inflection Point Ventures founded by Vinay Bansal said, “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, unorganised markets present a huge business opportunity for the company.”
Happy Locate founded by Ajay Tiwari and Sainadh Duvvuru got the domain expertise adding various skill sets to the table. Despite the pandemic ,HappyLocal is all set to launch new service verticals and drive exponential growth . At some of the world’s most recognizable brands including ITC Infotech, Airbus, Coca-Cola, Diageo, United Breweries they are transforming relocation experiences.
The primary objective of HappyLocate is to transform global mobility along with technology and empathy.They focus on improving the relocation experience through their value system : Transparency, Convivence and Reliability.
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