ShiftKarado raises ₹5 crore from Star WorldWide Group
Gurugram-based tech-enabled packing & moving startup ShiftKarado has raised ₹5 crores from New Delhi-based international relocation and logistics service provider Star WorldWide Group and Promoters. The funding was received in various rounds, completing the final round this month.
The funds raised will be used to deploy more resources and upgrade its services, in order to provide an enhanced customer experience.
ShiftKarado was founded by Atul Mithal, Sahil Mithal, Aulia Mithal Sood, and Ashish Mullick in 2015. The startup leverages its technology platform to provide a quality and flexible packing and moving services to its customers.
It provides customer-centric service through its website and mobile app to enable customers with transparent and instant pricing with on-demand availability. It also provides comprehensive risk coverage to gain customers trust.
Mr Sahil Mithal, who is CEO and co-founder of ShiftKarado, giving the lowdown on the received funding said, “We will be investing the funding in upgrading the technology to further automate everything which is needed to our work processes and enhance our mobile app and website.”
ShiftKardo is operational in 13 cities across India including Delhi, Mumbai, Bangalore, Chennai, Pune, Hyderabad, Kolkata, Jaipur, Chandigarh, Ahmedabad, Lucknow, Goa, and Patna. It is further looking to expand its coverage across the country. The startup already counts big brands like OYO, Dainik Bhaskar, PropTiger and CIANS, among its prominent clients.
As the startup rapidly increases its clientele, it will be looking to hire skilled packers, movers, web developers, and analysts, in order to fulfil growing demands in a seamless manner. Other players competing with ShiftKarado in the packers and movers segment include Pune-based EZMove, Mumbai-based Shipler and Bengaluru-based Pikkol, among others.
EZMove secures $165,000 in angel investment from Ravi Srivastava and Hemant Bharatram, back in August 2014. While Pikkol had raised an undisclosed amount of angel investment from Revathy Ashok and Raj Rathi in August 2016, according to Crunchbase