HappyLocate

Bengaluru, India Founded: 2016 • Age: 10 yrs Minicorn
Relocation services for households, pets, and corporations are provided.

About HappyLocate

HappyLocate is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2016 by Sainadh Duvvuru and Ajay Tiwari. Relocation services for households, pets, and corporations are provided. HappyLocate has raised $1.77 million across 4 funding rounds from investors including RMZ Corp, IP Ventures and RMZ. The company has 12 employees. HappyLocate was last valued at $3.55 million in October 2020. Its chief executive, as recorded, is Ajay Tiwari. Its website happylocate.com draws about 16 thousand monthly visits. Its Indian entity Happylocate Relocation Services Private Limited reported revenue of β‚Ή4.59 Cr. HappyLocate offers products and services including House Shifting, Pet Relocation, and Corporate Relocation. Its focus areas include Consumer, Logistics Tech, Relocation and Marketplace. Its competitors include Pikkol, AirAttix and EZMove; 3 of its 3 listed competitors have raised funding.

Company details

HappyLocate was founded in 2016 in Bengaluru, India, within the relocation services sector. Services encompass packing and moving for households, pet transportation, and corporate employee relocation management. Logistics and coordination are managed across the entire process to support individuals and businesses. Housing search assistance is included in corporate packages. Operations are centered in India, addressing various relocation needs through structured support.

  • Headquarters Bengaluru, India
  • Employees 12
  • Founders Sainadh Duvvuru, Ajay Tiwari
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Website category Finance · Financial Planning and Management
  • Email
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  • Phone
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  • Website happylocate.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Happylocate Relocation Services Private Limited
  • Date of Incorporation 11 Apr, 2016
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹4.59 Cr

    FY 2024 · -32% YoY

  • Net Loss
    -₹85.3 Lakh

    FY 2024 · -19% margin

  • EBITDA
    -₹70 Lakh

    FY 2024 · -15% margin

  • Total Equity Funding
    $1.77M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.1M (USD), Seed

    May 2022

  • Investors
    RMZ Corp

    & 85 more

  • Employee Count
    12

Products & Services of HappyLocate

HappyLocate offers a comprehensive portfolio of products and services, including House Shifting, Pet Relocation, and Corporate Relocation.

House Shifting
Relocation Service

End-to-end household packing and moving across cities.

Pet Relocation
Pet Services

Safe door-to-door transport for pets domestically and internationally.

Corporate Relocation
Business Services

Automated tools for employee and asset shifting needs.

Funding Insights of HappyLocate

HappyLocate has successfully raised a total of $1.77M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.1 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.77M
  • Total Rounds 4
  • Last Round Seed β€” $1.1M
  • First Round $45,147

    (Aug 2019)

  • Investors Count 86

All 4 funding rounds of HappyLocate with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2022$1.1MSeed–Inflection Point Ventures
Oct 2020$599,998Seed$3.55MInflection Point Ventures
Sep 2020$25,860Angel Round$1.75MKrishna Tejaswani Bobbadi
Aug 2019$45,147Seed$β€’β€’β€’β€’β€’The CoWrks Foundry
Valuation history
DateValuationStage
Oct 2020$3.55Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2020$1.75Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of HappyLocate

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Last known valuation $3.55M (Oct 2020). 86 investors in total: 4 institutional and 82 angel.

Investors in HappyLocate

HappyLocate has secured backing from 86 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include RMZ Corp, IP Ventures and RMZ.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments are made in early-stage tech startups across sectors.
ipventures.inGurugram, India
RMZ is engaged in sustainable real asset development across Asia.
rmz.comBengaluru, India
Startups across sectors are accelerated through dedicated programs.
cowrksfoundry.comBengaluru, India
Invests in alternative assets including real estate and infrastructure for returns.
2002rmzcorp.comBengaluru, India

Akul Tomar

unknown_ca31b6bac8944c35a

Amin Sarfani

unknown_401f38d6d13b440ba

Alexander Hogeveen Rutter

unknown_af5b03fa9f7440639

Amit Goyal

unknown_6ce2fcc19e354f7a9

Ankur Modi

Co-founder of StatusNeo, angel investor in Indian startups
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Annapurnayya Sarma Garimella

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Investor details for HappyLocate

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Board of directors of Happylocate Relocation Services Private Limited (HappyLocate)

Happylocate Relocation Services Private Limited is the primary company behind HappyLocate. The board of Happylocate Relocation Services Private Limited currently have 3 directors; the longest-serving is Ajay Tiwari, appointed in 2016. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Ajay Tiwari
DIN 07467780
Director11 Apr 201610 yrs 6 moHappylocate Relocation Services Private Limited
Sainadh Duvvuru
DIN 07717543
Director25 Jan 20179 yrs 9 moHappylocate Relocation Services Private Limited
Robert Murphy
DIN 07648293
Additional Director13 Mar 20251 yr 7 moHappylocate Relocation Services Private Limited

People of HappyLocate

13 people are tracked at HappyLocate (3 in leadership, 10 in team); the tracked headcount is 12.

NameRoleGroup
Co-Founder & CBOLeadership
Co-Founder & CEOLeadership
Tushar Bhanushali
Chief Sales Marketing OfficerLeadership
Harsh Goyal
Business Development ManagerTeam
Vasudha Shukla
Talent Acquisition ManagerTeam
Raj Bhanushali
Sr Manager - New OpportunitiesTeam
Pargat Dhillon
Assistant ManagerTeam
Deepak Kumar Tripathi
Senior AssociateTeam
Aman Singh
Senior AssociateTeam
Shweta Kanashetti
Senior Manager- Key AccountsTeam
Atul Mishra
Deputy ManagerTeam
Samruddhi Bhanushali
Key Account ManagerTeam
Rohit Chadha
Assistant ManagerTeam
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Financials of HappyLocate

Figures of Happylocate Relocation Services Private Limited, the primary company behind HappyLocate, for FY 2024. Revenue was ₹4.59 Cr (-32% year on year). Net loss was -₹85.3 Lakh (-19% margin). EBITDA was -₹70 Lakh (-15% margin). Revenue has grown at a compounded annual rate of +20% over three years and +89% over five years.

  • ₹4.59 CrRevenue · FY 2024 · -32% YoY
  • -₹85.3 LakhNet loss · -19% margin
  • -₹70 LakhEBITDA · -15% margin
  • ₹1.7 LakhPaid-up capital
  • 12Employees (provident fund records)
  • +20%Revenue CAGR, 3 years
  • +89%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Happylocate Relocation Services Private Limited are on its company page.

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Detailed financial statements for HappyLocate

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Timeline of HappyLocate

4 dated milestones of HappyLocate across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded HappyLocate is founded.
  2. Funding First funding round of $45K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $1.1M.

Competitors of HappyLocate

HappyLocate has 3 listed competitors in our database, 3 of them funded. They include Pikkol, AirAttix and EZMove.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
pikkol.com2014Bengaluru, India$2.63M63
Relocation services are booked through an online platform.
airattix.com2020Pune, India$494,8349
Rental-based parking services are provided for users in India.
ezmove.in2013Pune, India$572,8302
Online marketplace to book relocation services
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Detailed competitors of HappyLocate

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Web traffic of HappyLocate

The website of HappyLocate (happylocate.com) receives about 16.2K visits a month and ranks #726,734 among all websites worldwide, #8,097 in Financial Planning and Management.

  • Monthly visits
    16.2K

    ▼ 66.2% vs previous month

  • Unique visitors
    28.7K

    per month

  • Global rank
    #726,734

    among all websites

  • Category rank
    #8,097

    Finance · Financial Planning and Management

Similar websites

Websites whose visitors overlap most with HappyLocate. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
momentumenergy.com.au
100%
75K#299,346View details
agarwalpackers.in
93%
125.9K#352,656View details
jelson.co.uk
47%
24.4K#1,316,447View details
surewise.com
surewise.com
45%
#556,030–
3menmovers.com
3menmovers.com
40%
#1,027,701–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Verified entity values are shown only after access is granted.

Top companies in Logistics Technology & Platforms

3 companies that operate in the same segment as HappyLocate (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.46 B4,488
Integrated logistics services including parcel delivery and warehousing are provided.
2011Gurugram, Haryana, IndiaUSD 1.56 BUSD 1.12 B23,536
E-commerce tools for shipping, marketing, and financial services are provided.
2012Gurugram, Haryana, IndiaUSD 321.57 MUSD 135.47 M915
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Related news about Happylocate

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Frequently Asked Questions about HappyLocate

HappyLocate was founded in 2016 and raised its 1st funding round 3 years after it was founded.

HappyLocate is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Ajay Tiwari is the CEO of HappyLocate, as recorded in our data. They have also founded this company.

HappyLocate is a funded company, having raised a total of $1.77M across 4 funding rounds to date. The company's 1st funding round was a Seed of $45.15K, raised on Aug 2019.

HappyLocate has 12 employees.

The primary company behind HappyLocate, Happylocate Relocation Services Private Limited, reported revenue of β‚Ή4.59 Cr for FY 2024, down 32% year on year.

HappyLocate was founded in 2016 in Bengaluru, India, within the relocation services sector. Services encompass packing and moving for households, pet transportation, and corporate employee relocation management. Logistics and coordination are managed across the entire process to support individuals and businesses. Housing search assistance is included in corporate packages. Operations are centered in India, addressing various relocation needs through structured support.

HappyLocate's top competitors include Pikkol, AirAttix and EZMove.

HappyLocate offers House Shifting, Pet Relocation, and Corporate Relocation.

HappyLocate has 86 investors. Key investors include RMZ Corp, IP Ventures, RMZ, Akul Tomar, and Amin Sarfani.

The valuation of HappyLocate is $3.55M as of Oct 2020.

HappyLocate operates through Happylocate Relocation Services Private Limited.

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