About Pikkol
Pikkol is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2014 by Jayaram Kasi Visweswaran, and was acquired by Hybrid Shifting in September 2023. Relocation services are booked through an online platform. Pikkol has raised $2.63 million across 6 funding rounds from investors including Pescafresh, Texport and Shringar Films. The company has 38 employees. Pikkol was last valued at $16.36 million in May 2023. Its Indian entity Rednile Innovations Private Limited reported revenue of ₹13.35 Cr. Pikkol offers products and services including Packers and Movers, House Shifting, Vehicle Shifting, Hire a Mini Truck, and Storage Facility. Its focus areas include Consumer, Logistics Tech, Relocation and Aggregator. Its competitors include HappyLocate, AirAttix and EZMove; 3 of its 3 listed competitors have raised funding.
Company details
Pikkol was established in 2014 in Bengaluru, India, within the relocation sector. An online platform is operated for booking moving services, where quotes are automatically calculated. Residential moving and packing options are provided, alongside automotive transport. Services are managed to support individuals and businesses in the region, with a focus on streamlined logistics.
- Headquarters Bengaluru, India
- Employees 38
- Founders Jayaram Kasi Visweswaran
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website pikkol.com
- Social LinkedIn X Facebook YouTube
- Acquired by Hybrid Shifting (Sep 2023)
- Legal Name Rednile Innovations Private Limited
- Date of Incorporation 24 Dec, 2014
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹13.35 Cr
FY 2024 · -64% YoY
- Net Loss-₹59.7 Lakh
FY 2024 · -4% margin
- EBITDA-₹33.6 Lakh
FY 2024 · -3% margin
- Total Equity Funding$2.63M (USD)
in 6 rounds
- Latest Funding Round$181.07K (USD), Angel Round
May 2023
- InvestorsPescafresh
& 110 more
- Employee Count38
- Acquired byHybrid Shifting
(Sep 2023)
Associated legal entities of Pikkol
Pikkol operates through Rednile Innovations 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 |
|---|---|---|---|---|---|---|---|
| Rednile Innovations Private Limited CIN U72900KA2014PTC077941 | Active | 24 Dec 2014 | Bangalore, Karnataka | ₹13.4 Cr | 38 | 2 | View details |
Products & Services of Pikkol
Pikkol offers a comprehensive portfolio of products and services, including Packers and Movers, House Shifting, Vehicle Shifting, Hire a Mini Truck, and Storage Facility.
Service for secure packing and transportation of household items.
Assists in relocating homes across cities with professional support.
Handles vehicle transport between locations safely.
Provides truck rental for personal or business moving needs.
Offers secure storage solutions for temporary item holding.
Apps and channels of Pikkol
its YouTube channel Pikkol has 497 subscribers and 22 videos.
Videos from Pikkol
The most watched videos on Pikkol's YouTube channel, Pikkol (497 subscribers). Click a video to play it here.
More on Pikkol.
Funding Insights of Pikkol
Pikkol has successfully raised a total of $2.63M across 6 strategic funding rounds. The most recent funding activity was a Angel Round of $181.07 thousand completed in May 2023. 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 $2.63M
- Total Rounds 6
- Last Round Angel Round — $181,068
- First Round $192,751
(Apr 2015)
- Investors Count 110
All 6 funding rounds of Pikkol 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 |
|---|---|---|---|---|---|
| May 2023 | $181,068 | Angel Round | $16.36M | – | – |
| Mar 2022 | $1.16M | Series A | $10.3M | – | |
| Apr 2020 | $66,268 | Seed | $••••• | – | |
| Nov 2017 | $509,870 | Seed | $••••• | – | |
| Jun 2016 | $519,575 | Seed | $••••• | – | |
| Apr 2015 | $192,751 | Angel Round | $••••• | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2023 | $16.36M | •••••••• |
| Mar 2022 | $10.3M | •••••••• |
| Apr 2020 | $••••• | •••••••• |
| Nov 2017 | $••••• | •••••••• |
| Jun 2016 | $••••• | •••••••• |
| Apr 2015 | $••••• | •••••••• |
Full valuation and stage history of Pikkol
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $16.36M (May 2023). 111 investors in total: 16 institutional and 95 angel.
Investors in Pikkol
Pikkol has secured backing from 111 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Pescafresh, Texport and Shringar Films.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments and consulting services for startups in the US and India. | 2013 | kongloventures.com | Kochi, India | |
Venture capital firm focused on early-stage investments in technology companies | 2016 | newfortholdings.com | Bengaluru, India | |
Angel investor network investing in early-stage startups | iangroup.vc | Delhi, India | ||
Operations in real estate, jewellery, restaurants, e-commerce, skincare, food and beverage, and luxury retail sectors in India. | 2004 | shreesharda.co.in | Delhi, India | |
Multiple sectors including logistics and green tech are invested in. | kochiho.in | Bengaluru, India | ||
Financial services including investment banking, equities, and asset management. | 2002 | elaracapital.com | ||
Fresh seafood and meat are delivered via an online platform. | 2004 | pescafresh.com | Mumbai, India | |
Limited details on core activities of Arjunaid Ventures are available. | arjunaidventures.tcc.mode | Mumbai, India | ||
Contract manufacturing of fabrics is handled by Texport in India. | 1978 | texport.com | Bengaluru, India | |
| vaikundamagrotech.tcc.mode |
Investor details for Pikkol
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Rednile Innovations Private Limited (Pikkol)
Rednile Innovations Private Limited is the primary company behind Pikkol. The board of Rednile Innovations Private Limited currently have 2 directors; the longest-serving is Suraj Prakash Valimbe, appointed in 2014. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suraj Prakash Valimbe DIN 07031974 | Director | 24 Dec 2014 | 11 yrs 10 mo | Rednile Innovations Private Limited |
| Deepu Chandran DIN 03363938 | Director | 24 Dec 2014 | 11 yrs 10 mo | Rednile Innovations Private Limited |
People of Pikkol
1 people are tracked at Pikkol (1 in leadership); the tracked headcount is 38.
| Name | Role | Group |
|---|---|---|
Jayaram Kasi Visweswaran | Co-Founder | Leadership |
Complete people profiles for Pikkol
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- Professional contacts
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Financials of Pikkol
Figures of Rednile Innovations Private Limited, the primary company behind Pikkol, for FY 2024. Revenue was ₹13.35 Cr (-64% year on year). Net loss was -₹59.7 Lakh (-4% margin). EBITDA was -₹33.6 Lakh (-3% margin). Revenue has grown at a compounded annual rate of -1% over three years and +2% over five years.
- ₹13.35 CrRevenue · FY 2024 · -64% YoY
- -₹59.7 LakhNet loss · -4% margin
- -₹33.6 LakhEBITDA · -3% margin
- ₹1.55 CrPaid-up capital
- 38Employees (provident fund records)
- -1%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rednile Innovations Private Limited are on its company page.
Detailed financial statements for Pikkol
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Timeline of Pikkol
5 dated milestones of Pikkol across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Pikkol is founded.
- Funding First funding round of $193K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $181K.
- Exit Acquired by Hybrid Shifting.
Competitors of Pikkol
Pikkol has 3 listed competitors in our database, 3 of them funded. They include HappyLocate, AirAttix and EZMove.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 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 |
Detailed competitors of Pikkol
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
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Web traffic of Pikkol
The website of Pikkol (pikkol.com) receives about 5K visits a month.
- Monthly visits5K
▲ 28.9% vs previous month
Websites whose visitors overlap most with Pikkol. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
leopackersandmovers.com | leopackersandmovers.com | 100% | #3,651,871 | – | |
| logisticmart.com | 98% | 95.3K | #451,979 | View details | |
ompackersindia.com | ompackersindia.com | 94% | #2,207,178 | – | |
| assureshift.in | 93% | 28.5K | #1,090,454 | View details | |
| servicesutra.com | 86% | 2.5K | #6,636,473 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for Pikkol
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 23 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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 Pikkol (Logistics Technology & Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.56 B | USD 1.12 B | 23,536 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 |
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Related news about Pikkol
Complete news archive for Pikkol
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Frequently Asked Questions about Pikkol
Pikkol was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Pikkol is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Pikkol is a funded company, having raised a total of $2.63M across 6 funding rounds to date. The company's 1st funding round was a Angel Round of $192.75K, raised on Apr 2015.
Pikkol has 38 employees.
The primary company behind Pikkol, Rednile Innovations Private Limited, reported revenue of ₹13.35 Cr for FY 2024, down 64% year on year.
Pikkol was established in 2014 in Bengaluru, India, within the relocation sector. An online platform is operated for booking moving services, where quotes are automatically calculated. Residential moving and packing options are provided, alongside automotive transport. Services are managed to support individuals and businesses in the region, with a focus on streamlined logistics.
Pikkol's top competitors include HappyLocate, AirAttix and EZMove.
Pikkol offers Packers and Movers, House Shifting, Vehicle Shifting, Hire a Mini Truck, and Storage Facility.
Pikkol has 111 investors. Key investors include Pescafresh, Texport, Shringar Films, Konglo Ventures, and Texport Industries.
The valuation of Pikkol is $16.36M as of May 2023.
Pikkol operates through Rednile Innovations Private Limited.
Yes. Pikkol was acquired by Hybrid Shifting in September 2023.