# Pikkol

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pikkol

- Industry: Consumer Services
- Headquarters: Bangalore, India
- Website: www.pikkol.com
- Total disclosed funding: $1.7M
- Latest round: Series A (Mar 7, 2022)
- Investors on record: 4

## About

Pikkol, based in Bangalore, India, specializes in logistics and relocation services, providing efficient and reliable solutions to both residential and commercial clients.Pikkol was founded in 2015 and operates in Bangalore, India. The company focuses on logistics and relocation services, previously engaging in various business strategies. In September 2023, Hybrid Shifting Solutions India Private Limited acquired Pikkol from Indian Angel Network, Ace Seafoods Bazaar Private Limited, Elara Capital, and Konglo Ventures. The company has completed 6 deals to date, with its latest round being a Series A, raising INR 87.670 mn, bringing the total amount raised to INR 87.670 mn and valuing the company at INR 849.917 mn.Pikkol Packers and Movers provides a comprehensive range of logistics and relocation services that include domestic packing, house shifting, vehicle shifting, and mini truck hire. The company ensures secure packing, efficient loading, and careful transportation of household goods and vehicles, serving a diverse clientele across major urban centers in India such as Bangalore, Delhi, Mumbai, Hyderabad, Chennai, Gurgaon, Pune, and Noida. Pikkol emphasizes customer satisfaction and integrates technology into its services to promote a transparent and hassle-free relocation experience.In the most recent year, Pikkol reported a revenue of INR 2,155,738.60. The company registered an EBITDA of INR -219,756.90 for the same year, showcasing the financial dynamics of its operations.Following the acquisition by Hybrid Shifting Solutions India Private Limited in September 2023, Pikkol plans to concentrate on enhancing its logistics services. The acquisition allows for a strategic focus on expanding into new markets, with specific attention on urban centers across India. The recent funding will support these initiatives, enabling Pikkol to refine its service offerings and explore innovative solutions in logistics.

## Funding rounds

- Series A, Mar 7, 2022, $1.1M — Elara Capital, Ace Seafoods Bazaar Private Limited, Konglo Ventures
- Series A, Jan 20, 2016, $0.6M — Indian Angel Network

## Investors

- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Series A
- Elara Capital (https://capitalatlas.ai/funds/elara-capital) — Series A
- Ace Seafoods Bazaar Private Limited — Series A
- Konglo Ventures (https://capitalatlas.ai/funds/konglo-ventures) — Series A