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Enterprise Transportation Startup MoveInSync Secures Venture Debt Investment By InnoVen Capital

Company Name : MoveInSync
Funding Amount : Not Disclosed
Investor(s) InnoVen Capital (earlier investors include Qualcomm Ventures).


InnoVen Capital India, an NBFC formerly known as SVB India Finance Private Limited has closed its venture debt investment with Enterprise Employee transportation start up MoveInSync.

moveinsync

Headquartered in Bangalore, MoveInSync, over the last 6 months has seen strong demand for its solution from the industry.

In the last 8 weeks MoveInSync has signed up 6 new marquee clients adding 10,000 users to the platform, taking its total number of users to more than 100,000. This investment will enable MoveInSync in meeting its working capital requirements and bring onboard more users seamlessly.

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