Gurugram-based ShiftKarado obtains Rs 5 crore funding from Star WorldWide Group
18 September, 2018: ShiftKarado, a tech-oriented packing and moving company, has recently raised additional funding of Rs 5 Crore from Star WorldWide Group and Promoters.
18 September, 2018: ShiftKarado, a tech-oriented packing and moving company, has recently raised additional funding of Rs 5 Crore from Star WorldWide Group and Promoters. The funding was received in various rounds, completing the final amount this month. ShiftKarado will use these funds to deploy more resources and upgrade its services, for a better customer experience.
The Gurugram-based logistics start-up ShiftKarado was founded in late 2015 by Atul Mithal along with other co-founders Sahil Mithal, Aulina Mithal Sood and Ashish Mullick, with the vision to make professional and reliable packing and moving services, easily accessible in India.
Making the best out of digital technology, ShiftKarado works on a website and mobile app, which enables the customers to plan their relocation instantly. The company said that its easy customisation, instant pricing, and a comprehensive risk coverage is attracting Indian customers. The company boasts of brands like OYO, Dainik Bhaskar and CIANS among its clientele.
The funds raised by ShiftKarado will be used to upgrade its website and mobile app, using Artificial Intelligence, Machine-Learning, and Data Analytics to improve the user experience.
The company provides services in cities like Bangalore, Delhi, Gurgaon, Noida, Greater Noida, Faridabad, Ghaziabad, Mumbai, Pune, Hyderabad, Chennai, Chandigarh, Mohali, Jaipur, and Kolkata. It is aiming to expand its reach PAN-India.