About MovingNow
MovingNow is a Transportation, Automotive & Logistics company based in Hyderabad (India) founded in 2017 by Ashok Pilli. It operates as an online marketplace for relocation services. MovingNow has raised $134.99 thousand across 3 funding rounds from investors including Anshul Srivastav, Venkata Ramana Kumar and Venkateshwaran Krishnan. MovingNow was last valued at $843.41 thousand in March 2020. Its Indian entity Mandate Logistics Systems Private Limited reported revenue of ₹19.6 Lakh. Its focus areas include Consumer, Logistics Tech, Relocation and Marketplace. Its competitors include Pikkol, HappyLocate, AirAttix, EZMove and Shiftkarado and 3 more; 5 of its 8 listed competitors have raised funding.
Company details
MovingNow was founded in 2017 in Hyderabad, India, as an online marketplace within the relocation sector. Services such as home and commercial moving, automotive transport, loading, rearranging, unloading, packing, and general relocation are provided. The platform incorporates tools for quote comparison, inventory surveys, and digital payment processing to support operations across India.
- Headquarters Hyderabad, India
- Founders Ashok Pilli
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website movingnow.in
- Social LinkedIn X Facebook
- Legal Name Mandate Logistics Systems Private Limited
- Date of Incorporation 30 Nov, 2017
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹19.6 Lakh
FY 2024 · -63% YoY
- Net Loss-₹4.7 Lakh
FY 2024 · -24% margin
- EBITDA-₹4.7 Lakh
FY 2024 · -24% margin
- Total Equity Funding$134.99K (USD)
in 3 rounds
- Latest Funding Round$32.83K (USD), Angel Round
Mar 2020
Associated legal entities of MovingNow
MovingNow operates through Mandate Logistics Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mandate Logistics Systems Private Limited CIN U60300TG2017PTC120919 | Active | 30 Nov 2017 | Hyderabad, Telangana | ₹0.2 Cr | – | 2 | View details |
Funding Insights of MovingNow
MovingNow has successfully raised a total of $134.99K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $32.83 thousand completed in March 2020. 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 $134,989
- Total Rounds 3
- Last Round Angel Round — $32,829
- First Round $31,366
(Feb 2018)
- Investors Count 12
All 3 funding rounds of MovingNow with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | $32,829 | Angel Round | $843,407 | Venkateshwaran Krishnan | |
| Feb 2019 | $70,794 | Angel Round | $736,045 | Anshul Srivastav | |
| Feb 2018 | $31,366 | Angel Round | $••••• | Venkateshwaran Krishnan, Rahul Jain | – |
Last known valuation $843,407 (Mar 2020). 12 investors in total: 0 institutional and 12 angel.
Investors in MovingNow
MovingNow has secured backing from 12 investors, including angel investors. Prominent investors backing the company include Anshul Srivastav, Venkata Ramana Kumar and Venkateshwaran Krishnan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AS Anshul Srivastav | - | – | unknown_3b57e8afddc54bc69 | - |
VR Venkata Ramana Kumar | - | – | unknown_564efee1d663495aa | - |
VK Venkateshwaran Krishnan | - | – | unknown_cdf0db85f5a54fca8 | - |
RJ Rahul Jain | Angel investor, co-founder of Epigamia, focused on consumer and foodtech startups. | – | unknown_86b5a3ff561f49de9 | - |
KK Krishna Kumar Sharma | - | – | unknown_ef77d71733954558b | - |
AT Amol Thipse | - | – | unknown_953bf4e8144243a59 | - |
RJ Rahul Jain | - | – | unknown_f2b07a0f2e4f4a9d9 | - |
KK Krishna Kumar Sharma | - | – | unknown_aa145a88f8fa4e60a | - |
GS Giriraj Singh | - | – | unknown_d3d0002c3f824d5b8 | - |
MD Manish Datta | Angel investor and tech executive, ex-CEO of Airtel Business, active in startups | – | unknown_3ab301aa4efa4e43a | - |
Investor details for MovingNow
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Mandate Logistics Systems Private Limited (MovingNow)
Mandate Logistics Systems Private Limited is the primary company behind MovingNow. The board of Mandate Logistics Systems Private Limited currently have 2 directors; the longest-serving is Manish Datta, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manish Datta DIN 08000214 | Managing Director | 30 Nov 2017 | 8 yrs 10 mo | Mandate Logistics Systems Private Limited |
| Ashok Pilli DIN 07999960 | Director | 30 Nov 2017 | 8 yrs 10 mo | Mandate Logistics Systems Private Limited |
People of MovingNow
2 people are tracked at MovingNow (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-founder, CEO | Leadership |
Complete people profiles for MovingNow
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of MovingNow
Figures of Mandate Logistics Systems Private Limited, the primary company behind MovingNow, for FY 2024. Revenue was ₹19.6 Lakh (-63% year on year). Net loss was -₹4.7 Lakh (-24% margin). EBITDA was -₹4.7 Lakh (-24% margin). Revenue has grown at a compounded annual rate of -30% over three years and -24% over five years.
- ₹19.6 LakhRevenue · FY 2024 · -63% YoY
- -₹4.7 LakhNet loss · -24% margin
- -₹4.7 LakhEBITDA · -24% margin
- ₹1.2 LakhPaid-up capital
- -30%Revenue CAGR, 3 years
- -24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mandate Logistics Systems Private Limited are on its company page.
Detailed financial statements for MovingNow
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of MovingNow
3 dated milestones of MovingNow across 3 years, from founding to its latest funding, stage changes and deals.
- Founded MovingNow is founded.
- Funding First funding round of $31K.
- Funding Latest funding round, Angel Round, of $33K.
Competitors of MovingNow
MovingNow has 8 listed competitors in our database, 5 of them funded. They include Pikkol, HappyLocate, AirAttix, EZMove and Shiftkarado, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pikkol.com | 2014 | Bengaluru, India | $2.63M | 63 | Relocation services are booked through an online platform. | |
| happylocate.com | 2016 | Bengaluru, India | $1.77M | 24 | Relocation services for households, pets, and corporations are provided. | |
| airattix.com | 2020 | Pune, India | $494,834 | 9 | Rental-based parking services are provided for users in India. | |
| ezmove.in | 2013 | Pune, India | $572,830 | 2 | Online marketplace to book relocation services | |
| shiftkarado.com | 2015 | Gurugram, India | $804,571 | – | Relocation services are booked and managed via an online platform. | |
| assureshift.in | 2016 | Bengaluru, India | – | – | Operates a digital marketplace connecting users with packers and movers for efficient relocation services. | |
| moverstrip.com | 2019 | Ahmedabad, India | – | – | Provides an online platform for finding and booking moving services. | |
| findmovers.in | 2010 | Gurugram, India | – | 27 | Online platform for comparing and hiring relocation services in India. |
Detailed competitors of MovingNow
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Logistics Technology & Platforms
10 companies that operate in the same segment as MovingNow (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Related news about Movingnow
Complete news archive for MovingNow
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Frequently Asked Questions about MovingNow
MovingNow was founded in 2017 and raised its 1st funding round 1 year after it was founded.
MovingNow is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
MovingNow is a funded company, having raised a total of $134.99K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $31.37K, raised on Feb 2018.
The primary company behind MovingNow, Mandate Logistics Systems Private Limited, reported revenue of ₹19.6 Lakh for FY 2024, down 63% year on year.
MovingNow was founded in 2017 in Hyderabad, India, as an online marketplace within the relocation sector. Services such as home and commercial moving, automotive transport, loading, rearranging, unloading, packing, and general relocation are provided. The platform incorporates tools for quote comparison, inventory surveys, and digital payment processing to support operations across India.
MovingNow's top competitors include Pikkol, HappyLocate and AirAttix.
MovingNow has 12 investors. Key investors include Anshul Srivastav, Venkata Ramana Kumar, Venkateshwaran Krishnan, Rahul Jain, and Krishna Kumar Sharma.
The valuation of MovingNow is $843.41K as of Mar 2020.
MovingNow operates through Mandate Logistics Systems Private Limited.
The legal entities of MovingNow currently have 2 directors, including Manish Datta, Ashok Pilli.