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Online relocation service provider EZMove raises Rs 1 Cr angel funding

EZMove logo

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, Gurgaon, Noida, Chandigarh and Ahmedabad.

Website: Users are provided with two options on the homepage – Move Home or Move Vehicle. Following this, the user can enter their tentative shifting date, the source city & the destination city and other details like property type (apartment or bungalow), floor number, presence of elevator and whether the user requires packing, unpacking, loading and unloading services.

EZMove select articles

After this, users can select items that needs to be moved to the new location. The site currently offers items across seven categories – Living Room, Bedroom, Dining Room, Kitchen, Bathroom, Miscellaneous and Car/Bike. Alternatively, one can also enter article names that aren’t present under these categories.

Following a confirmation call from the company, the site will apparently send quotations from a few packers & movers to the users. One can also view the ratings of each packer & mover listed on the site.

Cancellations: There is a 5% flat cancellation charge if the user cancels the booking between 24 hours and one week of the scheduled move. This goes up to 10% if the booking is cancelled up to 24 hours before the scheduled move. There is no charge levied for cancellations done more than one week before the scheduled move. Post cancellation, the refund is generated within 15 days.

Competition: Delhi NCR-based c2i InfoLabs had launched an online relocation assistance agency RelocateXP back in August 2012.

RelocateXP allows users to search, compare and receive instant quotes from packers and movers. The company, currently facilitates local, national and overseas moves. In India, the service is available in Delhi, Bangalore, Hyderabad, Mumbai, Pune, Faridabad, Ghaziabad, Gurgaon and Noida. The company also claims to offer overseas moving services to and from US, the UK, Canada, Australia, Middle East, Eastern Europe, and Western Europe.

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