# Hopefloats Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hopefloats-technologies-private

- Industry: Internet
- Headquarters: Noida, India
- Website: www.mymobiforce.com
- Total disclosed funding: $1.9M
- Latest round: Series A (Oct 19, 2022)
- Investors on record: 2

## About

Hopefloats Technologies specializes in field service management, utilizing gig workforce solutions to optimize operational efficiency for enterprises and original equipment manufacturers (OEMs).Hopefloats Technologies Private Limited, founded in 2018, is headquartered in Noida, India, providing a field service management platform. The company has not reported any significant pivots in its business strategy. The founders, Dheeraj Khatter, Himanshu Kumar, and Kshitiz Saini, have a history in technology and service sectors. As of October 2022, the firm raised INR 40.69 million in Series A funding from Bharat Inclusive Seed Fund, bringing the total amount raised to INR 40.69 million and a current company valuation of INR 681.34 million.MyMobiForce specializes in providing a comprehensive field service management platform, focusing on deploying a gig workforce to serve enterprises and original equipment manufacturers (OEMs). Their core offerings include the Oneserv platform, a customizable customer relationship management (CRM) system designed for managing field operations, service requests, and after-sales support. This platform facilitates efficient management of a skilled workforce across India, with over 54,000 active technicians available for tasks such as installations, machine repairs, preventive maintenance, and audits. MyMobiForce serves various industries, including telecommunications, consumer goods, and utilities, addressing the need for reliable last-mile technical services.In the most recent year of 2022, MyMobiForce reported a revenue of INR 1,998,648.60, with an EBITDA of INR -555,506.50. The revenue model is structured around partnerships and service agreements with enterprises and OEMs, utilizing the Oneserv platform to streamline operations through subscription-based access.In October 2022, Hopefloats Technologies Private Limited raised INR 40.69 million in Series A funding to support its growth initiatives. The company plans to enhance its platform with new features and expand into new geographic markets, focusing on both urban and rural areas across India. Specific timelines and additional product launches have not been disclosed, but recent funding will enable continued development and operational scaling.

## Funding rounds

- Series A, Oct 19, 2022, $0.5M — Bharat Inclusive Seed Fund
- Series A, Jun 29, 2021, $1.4M — Y Investments, Bharat Inclusive Seed Fund

## Investors

- Y Investments (https://capitalatlas.ai/funds/y-investments) — Series A
- Bharat Inclusive Seed Fund (https://capitalatlas.ai/funds/bharat-inclusive-seed-fund) — Series A