{"id":14046,"date":"2022-06-18T14:05:14","date_gmt":"2022-06-18T14:05:14","guid":{"rendered":"https:\/\/ipventures.in\/?p=14046"},"modified":"2022-06-18T15:28:18","modified_gmt":"2022-06-18T15:28:18","slug":"happylocate-secures-1-1-million-in-pre-series-round-lead-by-ipv","status":"publish","type":"post","link":"https:\/\/ipventures.in\/index.php\/happylocate-secures-1-1-million-in-pre-series-round-lead-by-ipv\/","title":{"rendered":"Happylocate Secures $1.1 million in Pre-series Round Lead by IPV"},"content":{"rendered":"<div class=\"wp-block-post-date has-text-color has-black-color\"><time datetime=\"2022-06-18T14:05:14+05:30\">June 18, 2022<\/time><\/div>\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"ticss-2b0f8d15 has-black-color has-text-color has-normal-font-size\">HappyLocate, one of India\u2019s largest and most successful relocation platforms, raised $1.1 million in the Pre-series A round led by <a href=\"https:\/\/ipventures.in\/\"><strong><span style=\"text-decoration: underline;\"><span style=\"color:#0074b9\" class=\"has-inline-color\">Inflection Point Ventures<\/span><\/span><\/strong><\/a>. The round also saw the participation of VM Ventures and RMZ Management. Founded in 2016, the Bengaluru-based startup has managed to achieve exponential growth despite businesses being hampered by the pandemic.<\/p>\n\n\n\n<figure class=\"wp-block-pullquote is-style-default\"><blockquote><p><strong><b><span style=\"color:#ff781f\" class=\"has-inline-color\">\u201cHappylocate is on a mission to transform global mobility with technology and empathy. We are a customer-obsessed team and focus on significantly improving the relocation experience of India through our value system: Reliability, Transparency, and Convenience\u201d<\/span><\/b><\/strong><\/p><cite>Ajay Tiwari, HappyLocate\u2019s co founder and CEO<\/cite><\/blockquote><\/figure>\n\n\n\n<p class=\"has-black-color has-text-color has-normal-font-size\"><strong><span style=\"color:#0074b9\" class=\"has-inline-color\">According to IPV\u2019s founder and CEO Vinay Bansal, \u201cHappyLocate, with a track record in this market has emerged as one of the preferred partners for enterprises to use their relocation services.<\/span><\/strong> Since our last round in the company, we have seen the growth to be manifold and believe that the canvas is much bigger because, with digitally-enabled services, unorganized markets present a huge business opportunity for the company\u201d.<\/p>\n\n\n<p>[vc_row css=&#8221;.vc_custom_1641624024164{padding-top: 20px !important;}&#8221;][vc_column][vc_cta h2=&#8221;Looking to Invest in Similar Kind of Startups?&#8221; h4=&#8221;Join our 4-Week Membership Trial&#8221; add_button=&#8221;bottom&#8221; btn_title=&#8221;Join Us&#8221; btn_color=&#8221;sky&#8221; btn_align=&#8221;center&#8221; btn_link=&#8221;url:https%3A%2F%2Fipventures.in%2Fcontact%2F%23investor-contact|target:_blank&#8221;][\/vc_cta][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-normal-font-size\">Today, HappyLocate serves more than 50 enterprise clients, providing a wide range of relocation services on a centralized platform. The company achieved over 30% quarterly growth and serves a wide range of companies, including Fortune 500 ones. The funds raised have been earmarked for improving operational excellence and corporate outreach.<\/p>\n\n\n\n<p class=\"has-black-color has-text-color has-normal-font-size\">HappyLocate founders Ajay Tiwari and Sainadh Duvvuru launched new service verticals, providing customers with multiple relocation services using emerging AI and Machine Learning-powered tools. Boasting a high success rate and minimal business delays, the transparent and centralized platform provides customers with a wide range of services like packaging, housing assistance, and flight booking.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-background has-black-background-color has-black-color is-style-wide\"\/>\n\n\n\n<h3 class=\"has-text-align-center wp-block-heading\">IPV  Funding News Covered On<\/h3>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.entrepreneur.com\/article\/427802\"><img loading=\"lazy\" decoding=\"async\" width=\"576\" height=\"218\" src=\"https:\/\/ipventures.in\/wp-content\/uploads\/2022\/05\/entrepreneur-news-logo-ipv.jpg\" alt=\"\" class=\"wp-image-12503\" srcset=\"https:\/\/ipventures.in\/wp-content\/uploads\/2022\/05\/entrepreneur-news-logo-ipv.jpg 576w, https:\/\/ipventures.in\/wp-content\/uploads\/2022\/05\/entrepreneur-news-logo-ipv-300x114.jpg 300w\" sizes=\"auto, (max-width: 576px) 100vw, 576px\" \/><\/a><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/www.startupnews.fyi\/post\/relocation-platform-happylocate-raised-1-1-million-in-pre-series-a-round-led-by-ipv\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ipventures.in\/wp-content\/uploads\/2022\/06\/startupnews.png\" alt=\"\" class=\"wp-image-14076\" width=\"89\" height=\"89\" srcset=\"https:\/\/ipventures.in\/wp-content\/uploads\/2022\/06\/startupnews.png 225w, https:\/\/ipventures.in\/wp-content\/uploads\/2022\/06\/startupnews-150x150.png 150w\" sizes=\"auto, (max-width: 89px) 100vw, 89px\" \/><\/a><\/figure><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/www.vccircle.com\/inflection-point-ventures-others-back-relocation-firm-happylocate\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ipventures.in\/wp-content\/uploads\/2022\/06\/vcccircle-logo.png\" alt=\"\" class=\"wp-image-14075\" width=\"224\" height=\"70\" srcset=\"https:\/\/ipventures.in\/wp-content\/uploads\/2022\/06\/vcccircle-logo.png 400w, https:\/\/ipventures.in\/wp-content\/uploads\/2022\/06\/vcccircle-logo-300x95.png 300w\" sizes=\"auto, (max-width: 224px) 100vw, 224px\" \/><\/a><\/figure><\/div>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 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2023<\/time><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>HappyLocate, one of India\u2019s largest and most successful relocation platforms, raised $1.1 million in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[48],"tags":[],"class_list":["post-14046","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Happylocate Secures $1.1 million in Pre-series Round Lead by IPV<\/title>\n<meta name=\"description\" content=\"A new startup has just raised $1.1 million in funding and is growing at an exponential rate despite the pandemic that&#039;s affecting business.\" \/>\n<meta name=\"robots\" content=\"index, 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