Hybrid Shifting buys AI-based tech-enabled B2C moving brand Pikkol for undisclosed sum

Hybrid Shifting today announced it has acquired AI-powered technology-enabled moving brand 'Pikkol' for an undisclosed sum.

The development comes after Hybrid Shifting recently launched its operations with a $ 2.5 million investment from Transworld International to revolutionize the relocation market in India and globally.

According to the company's statement, The acquisition will help Hybrid Shifting maintain a technological edge, leveraging Pikkol's extensive partner network across 100 cities in India and its customer base. 

IIM-Bangalore graduate Deepu Chandran founded Pikkol, a tech-enabled B2C moving brand that offers a smooth and transparent moving experience with minimal human intervention. The startup provides instant quotes through an advanced algorithm, removing the need for pre-move physical surveys. It claims to have assisted in moving over 1,00,000 customers.

Rahul Pillai, Founder and CEO of Hybrid Shifting, said, “By adopting Pikkol’s direct-to-consumer model and app-based technology, we are committed to delivering an exceptional experience for our customers in an industry moving towards employee reimbursement.” 

Deepu Chandran, Founder and CEO of Pikkol and RedNile Innovations Pvt Ltd. said, “Hybrid Shifting, backed by the exceptional leadership of Rahul Pillai and Transworld International’s infrastructure brings tremendous growth, scale, and an international platform. With this collaboration, our customers can now choose between a white glove service and a no-frill service without compromising on quality and commitment."

Hybrid Shifting offers a comprehensive range of moving services, storage solutions, efficient records and data management, 3PL services and expert industrial and commercial packing solutions.

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