Draft:Pikkol


Pikkol is an Indian relocation and logistics services brand that operates under Hybrid Shifting Solutions India Private Limited. The company provides domestic and international relocation services, parcel services, storage solutions, and vehicle transportation services. It is headquartered in Bengaluru, Karnataka.

History

Pikkol was founded in 2015 with the objective of introducing technology-based processes into India’s relocation sector.[1]

According to The Economic Times, the company developed digital tools to simplify house relocation, including automated price estimation systems designed to reduce dependency on physical surveys.[2]

In 2016, Pikkol raised investment from Indian Angel Network and individual investors to support its expansion.[3] The funding was also reported by VCCircle.[4]

Acquisition

In 2023, Hybrid Shifting Solutions India Private Limited acquired Pikkol for an undisclosed amount.[5][6]

Following the acquisition, Pikkol continued to operate as a relocation brand under Hybrid Shifting Solutions.

Hybrid Shifting Solutions subsequently secured funding from Transworld International, as reported by The Hindu BusinessLine.[7]

Operations

Pikkol provides relocation and logistics services for individual and corporate clients. Its services include:

  • International relocations
  • International parcel services
  • Domestic packing and moving
  • House shifting
  • Storage facilities
  • Vehicle transportation
  • Pet relocation services

The company has been reported to use digital tools to facilitate pricing and logistics management.[8]

References

  1. ^ "House relocation: Pikkol's technology can make it easier". The Economic Times. 2016.
  2. ^ "House relocation: Pikkol's technology can make it easier". The Economic Times. 2016.
  3. ^ "Pikkol raises investment from IAN to bring tailor-made relocation". Yahoo News. 2016.
  4. ^ "Hybrid Shifting buys IAN-backed Pikkol". VCCircle. 2023.
  5. ^ "Hybrid Shifting buys IAN-backed Pikkol". VCCircle. 2023.
  6. ^ "Hybrid Shifting acquires AI-powered B2C brand Pikkol". ITLN. 2023.
  7. ^ "Hybrid Shifting Solutions secures $2.5 million funding from Transworld International". The Hindu BusinessLine. 2023.
  8. ^ "House relocation: Pikkol's technology can make it easier". The Economic Times. 2016.

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