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Hybrid Shifting Acquires Pikkol

Pikkol recently secured the first investment of $2.5 million from Transworld International

Hybrid Shifting Acquires Pikkol
Acquisition
Acquisition

Outlook Start-Up Desk

POSTED ON September 09, 2023 3:15 PM

Hybrid Shifting Solution India Pvt. Ltd. (Hybrid Shifting) has announced its recent investment of $ 2.5 million from Transworld International. They acquired Pikkol, a pioneering AI-based technology-driven moving brand in India. Since its inception, Pikkol is growing into a B2C brand with a strong emphasis on technological innovation, and has assisted over 1,00,000 customers in their relocations.

This strategic acquisition will enable Hybrid Shifting at the forefront of the industry, enabling it to harness cutting-edge technology, tap into a widespread partner network across India. It would also bbenefit from the customer base that Pikkol has cultivated over the years.The company emphasized that the entire team at Pikkol, including its leadership, will seamlessly transition into the organization, and there will be no job layoffs. 

Pikkol, founded in 2015 is a technology centric logistics firm that intens to improve certain segments in logistics.

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