Hybrid Shifting Solutions India Pvt. Ltd. (HSSIPL), has secured its first investment from Transworld International of $ 2.5 million
NEWS SOURCE : Startup.outlookindia.com
RAHUL PILLAI, THE former CEO of Interem Relocations for India and the Middle East, which is a subsidiary of the 200 million-dollar Freight Systems Group, has unveiled the plans to join hands with industry veterans Rijish AV and Prakash K, founders of Transworld International to launch their new venture aiming to revolutionize the relocation market in India and at a global level.
The venture, named Hybrid Shifting Solutions India Pvt. Ltd. (HSSIPL), has secured its first investment from Transworld International of $ 2.5 million with an additional $ 10 million committed in cash and infrastructure support.
The company will utilise the funds to build its technology platform and enhance network,and infrastructure. Additionally, it will spend money to expand its service segment and establish its strong market presence over the next two to four years.
HSSIPL is all set to expand its presence across 100 cities in the next 12 months to create India’s largest moving network. Currently, HSSIPL has a management team of 30 professionals with multidiscipline industry knowledge and experience who share a common strategic vision for the organization.
The venture begins with a footprint in 15 cities across India servicing over 1000 destinations. The company is already actively engaged in providing comprehensive solutions for business-to-business customers. This new-age packing and moving company aims to revolutionise the industry by harnessing contemporary digital technologies to bring transparency and convenience to the forefront of the customer experience.
“This partnership will enable us to revolutionise the packing and moving industry, bringing transparency, convenience, and unparallel customer experiences to the forefront. We are excited about the future and the transformative impact we will have in this space.” Rahul Pillai, Founder, and CEO of Hybrid Shifting Solutions India Pvt. Ltd.
“With the advent of HSSIPL, the aim is to disrupt the market by leveraging innovative technologies and delivering exceptional service to both businesses and individuals. Along with this, Rahul’s passion for innovation and his dedication to delivering exceptional customer experience has been the driving force behind the partnership,” expresses Rijish AV, Founder and Visionary of Transworld International.
