About Pikkol
Pikkol is a company based in Bengaluru (India) founded in 2014 by Jayaram Kasi Visweswaran was acquired by Hybrid Shifting in September 2023. Pikkol has raised $2.63 million across 6 funding rounds from investors including Pescafresh, Texport and Shringar Films. The company has 38 employees as of April 06, 2024. Pikkol offers products and services including Packers and Movers, House Shifting, Vehicle Shifting, Hire a Mini Truck, and Storage Facility. Pikkol operates in a competitive market with competitors including HappyLocate, AirAttix, EZMove, Shiftkarado and MovingNow, among others.
- Headquarter Bengaluru, India
- Employees 38 as on 06 Apr, 2024
- Founders Jayaram Kasi Visweswaran
- Stage Minicorn
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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 Rednile Innovations Private Limited
- Date of Incorporation 24 Dec, 2014
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$4.42 M (USD)128.5as on Mar 31, 2023
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Net Profit
-$1.11 M (USD)-311.91as on Mar 31, 2023
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EBITDA
-$1.05 M (USD)-430.7as on Mar 31, 2023
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Total Equity Funding
$2.63 M (USD)
in 6 rounds
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Latest Funding Round
$181.07 K (USD), Angel Round
May 23, 2023
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Investors
Pescafresh
& 110 more
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Employee Count
38
as on Apr 06, 2024
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Acquired by
Hybrid Shifting
(Sep 06, 2023)
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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.
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.
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.
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Early-stage investments and consulting services for startups in the US and India.
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Venture capital firm focused on early-stage investments in technology companies
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Angel investor network investing in early-stage startups
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Investor details for Pikkol
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Pikkol
Investment portfolio details for Pikkol
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Financial Statements - Pikkol
Detailed financials for Pikkol
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Pikkol Comparisons
Peer comparison for Pikkol
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Competitors of Pikkol
Pikkol 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 HappyLocate, AirAttix, EZMove, Shiftkarado and MovingNow, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Relocation services for households, pets, and corporations are provided.
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Rental-based parking services are provided for users in India.
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Online marketplace to book relocation services
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Relocation services are booked and managed via an online platform.
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Online marketplace for relocation services
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Detailed competitors of Pikkol
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Latest news on 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.
As of Apr 06, 2024, the latest employee count at Pikkol is 38.
Annual revenue of Pikkol is $4.42M as on Mar 31, 2023.
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 Shiftkarado.
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.