Pune-based online relocation services aggregator EZMove has raised Rs 1 crore in angel investment from a group of investors across Europe, US and India. While the investors were undisclosed, a The Economic Times report suggests that the investors include industrialist Hemant Bharatram and Chicago-based Purvi Capital co-founder Ravi Srivastava who have invested in their personal capacity. EZMove co-founder and CEO Anand Agarwal mentions that the funds will be used to improve its technology platform and to expand in the North Indian market. He claimed that the company has facilitated over 1,000 moves so far. Agarwal and Vishwajeet Singh founded EZMove in August 2013. Apparently, the company has signed up more than 50 packers and movers and plans to sign up 200-250 more packers over the next 2 years. EZMove currently lists packers and movers from 11 cities, namely Bangalore, Pune, Mumbai, Chennai, Delhi, Hyderabad, Kolkata,…
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