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MoveInSync Acquires eFmFm, Strengthens Global Leadership in Enterprise Commute Sector |
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21-5-2025 | |||
Bangalore, May 21, 2025: MoveInSync, the world’s largest integrated enterprise commute platform, announced the acquisition of eFmFm, a leading Enterprise Transport technology company. This marks MoveInSync’s first strategic acquisition in the employee transport space, further cementing its position as a global leader in the sector. Deepesh Agarwal, Co-founder and CEO of MoveInSync, expressed his excitement about the acquisition, stating, “eFmFm is built by a team of brilliant minds led by Mr. Satish Goel. This acquisition will not only help us strengthen our position as a market leader but also help us drive further innovations in the employee commute space.” Reflecting on MoveInSync's growth over the past 15 years, Agarwal noted, “Both eFmFm and MoveInSync have consistently progressed with a shared objective of offering safe and sustainable transportation for enterprises, fueled by innovation and hard work. This makes this acquisition even more meaningful.” Following this acquisition, MoveInSync, which is already a profitable company, will see greater capacities to scale and add 50 additional global clients to its already existing roster of 400 clients. With this acquisition, MoveInSync is now the first company to serve more than 1 million employees commuting to work daily, with over 100,000 vehicles on its platform. This acquisition marks the beginning of a new chapter for MoveInSync in the enterprise commute sector, potentially leading to more acquisitions, mergers, and partnerships in the coming years. Mr. Satish Goel, Founder and CEO of eFmFm, shared his thoughts on the acquisition, saying, “We have grown the company to emerge as the 3rd largest enterprise commute platform in the country over the last decade. We built eFmFm with the purpose of creating a technology-enabled safe commute environment for employees, combined with most comprehensive and cost effective platform for enterprise, and this is a vision that we share with MoveInSync. This shared enthusiasm makes this acquisition a natural fit and will inspire eFmFm team to assist in the rapid growth and innovation at MoveInSync.” About MoveInSync MoveInSync is the world’s largest employee commute platform transporting more than 350 enterprises to work and back, including 84 Fortune 500 companies. The platform is used by over 800,000 employees each day across 35 countries. Headquartered in Bangalore, India, MoveInSync is a pioneer in enterprise commute since 2009, offering reliable, safe, and sustainable solutions for enterprises. Through its end-to-end solution MoveInSync One that encompasses fleet, operations, and technology, MoveInSync empowers organisations to reduce carbon emissions using shared commutes, optimise their fleet mix, as well as adopt electric vehicles. MoveInSync has won multiple awards over the years, including Deloitte India Technology Fast 50 - 2023 and 2024. G2 Best India Software Companies for 2023, and Mint W3 Future of Work Disruptor 2021. ET CFO of year 2025 to MoveInSync Technology Fast 50 2024 India Deloitte Technology Fast 50 2023 India Deloitte Best India Software Companies for 2023 presented by G2 (Disclaimer: The above content is a press release and PTI takes no editorial responsibility for the same.). PTI PWR PWR Source: PTI |
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