About QuickMove
QuickMove is a company based in Bengaluru (India) founded in 2003.. QuickMove has raised $343.86 thousand across 2 funding rounds from investors including MS Shoes East, Tomorrowland Technologies Exports and Suresh Janardhanan. The company has 22 employees as of April 07, 2024. QuickMove operates in a competitive market with competitors including WiseTech Global, Magaya Corporation, DispatchTrack, Vector AI and Freightwalla, among others.
- Headquarter Bengaluru, India
- Employees 22 as on 07 Apr, 2024
- 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
*********
- Legal Name Quickmove Technologies Private Limited
- Date of Incorporation 17 Jul, 2013
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$188.78 K (USD)44.55as on Mar 31, 2022
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Net Profit
$48.46 (USD)100.31as on Mar 31, 2022
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EBITDA
$35.52 K (USD)450.56as on Mar 31, 2022
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Total Equity Funding
$343.86 K (USD)
in 2 rounds
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Latest Funding Round
$298.6 K (USD), Seed
Jun 07, 2016
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Investors
MS Shoes East
& 2 more
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Employee Count
22
as on Apr 07, 2024
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Funding Insights of QuickMove
QuickMove has successfully raised a total of $343.86K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $298.6 thousand completed in June 2016. 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 2
- Last Round Seed — $298,600
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First Round
First Round
(22 Dec 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Seed - QuickMove | Valuation | MS Shoes East , Tomorrowland Technologies Exports |
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| Dec, 2015 | Amount | Angel Round - QuickMove | Valuation | Suresh Janardhanan |
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| 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 QuickMove
QuickMove has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include MS Shoes East, Tomorrowland Technologies Exports and Suresh Janardhanan. 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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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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SJ
Suresh Janardhanan |
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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 QuickMove
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 - QuickMove
| 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 |
Quickmove Comparisons
Competitors of QuickMove
QuickMove 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 WiseTech Global, Magaya Corporation, DispatchTrack, Vector AI and Freightwalla, 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 |
Cloud-based logistics software suite is provided for supply chain management.
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| domain | founded_year | HQ Location |
Cloud-based supply chain and logistics software is offered to businesses.
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| domain | founded_year | HQ Location |
Delivery Management and Inventory tracking solution
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| domain | founded_year | HQ Location |
AI-driven freight forwarding and management are automated for logistics.
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| domain | founded_year | HQ Location |
Freight forwarding software is offered for enterprise shipment management.
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| domain | founded_year | HQ Location |
AI-powered multimodal logistics platform for end-to-end supply chain digitization
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about QuickMove
When was QuickMove founded?
QuickMove was founded in 2003 and raised its 1st funding round 12 years after it was founded.
Where is QuickMove located?
QuickMove is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is QuickMove a funded company?
QuickMove is a funded company, having raised a total of $343.86K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $45.26K, raised on Dec 22, 2015.
How many employees does QuickMove have?
As of Apr 07, 2024, the latest employee count at QuickMove is 22.
What is the annual revenue of QuickMove?
Annual revenue of QuickMove is $188.78K as on Mar 31, 2022.
What does QuickMove do?
QuickMove was founded in 2003 in Bengaluru, India, operating in the relocation sector. Services encompass packing, unpacking, transportation, and warehousing for households, offices, and vehicles. All aspects of the relocation process are managed to facilitate transitions for individuals and businesses. Goods are handled with care during transport, with operations centered in India to support local and regional moves.
Who are the top competitors of QuickMove?
QuickMove's top competitors include WiseTech Global, GoComet and Magaya Corporation.
Who are QuickMove's investors?
QuickMove has 3 investors. Key investors include MS Shoes East, Tomorrowland Technologies Exports, and Suresh Janardhanan.
What is QuickMove's valuation?
The valuation of QuickMove is $2M as of Jun 2016.
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