About MoveInSync
MoveInSync is a company based in Bengaluru (India) founded in 2009 by Akash Maheshwari and Deepesh Agarwal.. MoveInSync has raised $32.62 million across 8 funding rounds from investors including Qualcomm, Bessemer Venture Partners and Nexus Venture Partners. The company has 820 employees as of April 15, 2025. MoveInSync offers products and services including MoveInSync Ion Commute and MoveInSync One. MoveInSync operates in a competitive market with competitors including Routematic, Commutec, Volercars, WhistleDrive and eee-Taxi, among others.
- Headquarter Bengaluru, India
- Employees 820 as on 15 Apr, 2025
- Founders Akash Maheshwari, Deepesh Agarwal
- Stage Minicorn
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Moveinsync Technology Solutions Private Limited
- Date of Incorporation 24 Jun, 2009
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$51.14 M (USD)56.97as on Mar 31, 2024
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Net Profit
$81.12 K (USD)649.08as on Mar 31, 2024
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EBITDA
$591.58 K (USD)82.14as on Mar 31, 2024
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Total Equity Funding
$32.62 M (USD)
in 8 rounds
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Latest Funding Round
$15 M (USD), Series C
Jan 29, 2024
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Investors
Qualcomm
& 22 more
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Employee Count
820
as on Apr 15, 2025
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Products & Services of MoveInSync
MoveInSync offers a comprehensive portfolio of products and services, including MoveInSync Ion Commute and MoveInSync One. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates employee transportation with scheduling and routing tools.
Provides comprehensive commute management for businesses.
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Funding Insights of MoveInSync
MoveInSync has successfully raised a total of $32.62M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $15 million completed in January 2024. 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 Total Funding
- Total Rounds 8
- Last Round Series C — $15.0M
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First Round
First Round
(07 Jul 2012)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series C - MoveInSync | Valuation | Bessemer Venture Partners | |
| Oct, 2018 | Amount | Series B - MoveInSync | Valuation | Nexus Venture Partners | |
| Mar, 2018 | Amount | Series B - MoveInSync | Valuation | Nexus Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MoveInSync
MoveInSync has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Qualcomm, Bessemer Venture Partners and Nexus Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Venture capital investments and partnerships in diverse sectors.
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Founded Year | Domain | Location | |
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Venture capital investing in technology sectors such as AI and automotive.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MoveInSync
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MoveInSync
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Moveinsync Comparisons
Competitors of MoveInSync
MoveInSync operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Routematic, Commutec, Volercars, WhistleDrive and eee-Taxi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of employee transportation management platform with fleet and technology solutions
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| domain | founded_year | HQ Location |
SaaS route scheduling software is provided for employee transport management.
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| domain | founded_year | HQ Location |
Self-drive cars are rented online via a booking platform.
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| domain | founded_year | HQ Location |
Transportation and fleet management are facilitated via an online platform.
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| domain | founded_year | HQ Location |
Tech-enabled platform offering electric vehicle ride-hailing management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Moveinsync
Frequently Asked Questions about MoveInSync
When was MoveInSync founded?
MoveInSync was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is MoveInSync located?
MoveInSync is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of MoveInSync?
Deepesh Agarwal is the current CEO of MoveInSync. They have also founded this company.
Is MoveInSync a funded company?
MoveInSync is a funded company, having raised a total of $32.62M across 8 funding rounds to date. The company's 1st funding round was a Series B of $8M, raised on Jul 07, 2012.
How many employees does MoveInSync have?
As of Apr 15, 2025, the latest employee count at MoveInSync is 820.
What is the annual revenue of MoveInSync?
Annual revenue of MoveInSync is $51.14M as on Mar 31, 2024.
What does MoveInSync do?
Founded in 2009 in Bengaluru, India, employee transportation management solutions are delivered through a specialized platform. Home-to-office cabs, fixed-route shuttles, and corporate car rentals are automated, with features including scheduling, routing optimization, real-time tracking, billing, and safety measures. Integration with existing fleet providers and business systems is facilitated. Transport costs are reduced while employee satisfaction is improved, alongside tools for workplace operations management in the transportation software sector.
Who are the top competitors of MoveInSync?
MoveInSync's top competitors include Routematic, Volercars and Commutec.
What products or services does MoveInSync offer?
MoveInSync offers MoveInSync Ion Commute and MoveInSync One.
Who are MoveInSync's investors?
MoveInSync has 23 investors. Key investors include Qualcomm, Bessemer Venture Partners, Nexus Venture Partners, Athera Venture Partners, and Qualcomm Ventures.
What is MoveInSync's valuation?
The valuation of MoveInSync is $114.38M as of Jan 2024.