Hyderabad-based startup, Flytta has recently raised an undisclosed seed investment from Corvus Ventures led by Mr. Mahesh Reddy, Managing Partner. Flytta is redefining the relocation experience for employees in the corporates. At present, the working professionals are more mobile than ever and they are relocating to other cities in search of career opportunities. FLYTTA is the one stop relocation shop that takes the stress out of the relocation process for the professionals building strong partnership with their corporates and tie ups for inventory management with gated communities and other standalone properties.

Incubated by Nasscom 10K Startups, Flytta was started by Rahul Kanuganti and Gokulavasan in January 2016. Announcing the investment, Rahul Kanuganti, the company CEO said that “the corporates in India hire the best and brightest resource from across the country and the world, FLYTTA is a preferred partner for all such corporates to help their employee relocatefrom other cities and make them comfortable in their new community. The investment will be used to build alliances with more corporates and create targeted relocation offerings.”

The investor, Mr. Mahesh Reddy of Corvus Ventures said that “for corporates, relocation is a time-consuming process. We strongly believe that Flytta brings with it the easy relocation solutions with their strong understanding of business operations”.

FLYTTA helps the employee relocate with ease by providing major services likehouse rental, packers and movers, assistance with gas, internet connections and other home services, also suggestcity experiences to enjoy. Over the last 6 months, FLYTTA has helped over 500 employees to relocate hassle-free to Hyderabad from major cities like Kolkata, Chennai, Delhi, Pune and Bengaluru etc.Flytta is now the relocation partner for more than six corporates from in IT, Healthcare and Banking at national and international level. The relocation industry is valued at Rs 6000 crore in india and is expected to grow by 20% annually. The average rate of relocations in a corporate is 15% as per the NASSCOM Study.

By personalizing the relocation experience for every corporate based on their requirement and preferences, the company has been able to generate good review for its work.

"Flytta was unbelievably helpful in the relocation of our employees. The effort from the team is commendable, they will go an extra mile to make sure the relocation process is hassle-free. Although a starter in this space, they are very professional and easy to work at all times. I highly recommend their services to corporate,” said Surya Bodepu-Head Facilities and Admin(India)- Apollo Health.
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