About MovingNow
MovingNow is a company based in Hyderabad (India) founded in 2017 by Ashok Pilli.. MovingNow has raised $134.99 thousand across 3 funding rounds from investors including Anshul Srivastav, Venkata Ramana Kumar and Venkateshwaran Krishnan. MovingNow operates in a competitive market with competitors including Pikkol, HappyLocate, AirAttix, EZMove and Shiftkarado, among others.
- Headquarter Hyderabad, India
- Founders Ashok Pilli
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Sectors
Transportation, 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 Mandate Logistics Systems Private Limited
- Date of Incorporation 30 Nov, 2017
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$63.44 K (USD)-6.43as on Mar 31, 2022
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Net Profit
$211.23 (USD)100.69as on Mar 31, 2022
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EBITDA
$2.17 K (USD)107.65as on Mar 31, 2022
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Total Equity Funding
$134.99 K (USD)
in 3 rounds
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Latest Funding Round
$32.83 K (USD), Angel Round
Mar 31, 2020
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Investors
& 11 more
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Employee Count
Employee Count
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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 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 Total Funding
- Total Rounds 3
- Last Round Angel Round — $32,829
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First Round
First Round
(05 Feb 2018)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Angel Round - MovingNow | Valuation | Venkateshwaran Krishnan | |
| Feb, 2019 | Amount | Angel Round - MovingNow | Valuation | Anshul Srivastav | |
| Feb, 2018 | Amount | Angel Round - MovingNow | Valuation | Venkateshwaran Krishnan , Rahul Jain |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 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. 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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AS
Anshul Srivastav |
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Founded Year | Domain | Location |
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VR
Venkata Ramana Kumar |
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Founded Year | Domain | Location |
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VK
Venkateshwaran Krishnan |
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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 MovingNow
| 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 - MovingNow
| 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 |
Movingnow Comparisons
Competitors of MovingNow
MovingNow 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 Pikkol, HappyLocate, AirAttix, EZMove and Shiftkarado, 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 |
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| domain | founded_year | HQ Location |
Relocation services are booked through an online platform.
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| domain | founded_year | HQ Location |
Relocation services for households, pets, and corporations are provided.
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| domain | founded_year | HQ Location |
Rental-based parking services are provided for users in India.
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| domain | founded_year | HQ Location |
Online marketplace to book relocation services
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| domain | founded_year | HQ Location |
Relocation services are booked and managed via an online platform.
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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 Movingnow
Frequently Asked Questions about MovingNow
When was MovingNow founded?
MovingNow was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is MovingNow located?
MovingNow is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is MovingNow a funded company?
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 05, 2018.
What is the annual revenue of MovingNow?
Annual revenue of MovingNow is $63.44K as on Mar 31, 2022.
What does MovingNow do?
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.
Who are the top competitors of MovingNow?
MovingNow's top competitors include Pikkol, HappyLocate and AirAttix.
Who are MovingNow's investors?
MovingNow has 12 investors. Key investors include Anshul Srivastav, Venkata Ramana Kumar, Venkateshwaran Krishnan, Rahul Jain, and Krishna Kumar Sharma.
What is MovingNow's valuation?
The valuation of MovingNow is $843.41K as of Mar 2020.