The acquisition will synergise Moovaz and GetVan's cross-functional data capabilities and distribution networks.

Basia Chow  |  SG
Published 2020-09-21 11:42:01

Relocation-tech platform Moovaz announced today (21 September) that it has acquired van-hailing startup GetVan.

Following the acquisition, GetVan founder and CEO James Neo will be joining Moovaz as its Head of Supply Chain Operations.

Additionally, the acquisition allows Moovaz to bolster its end-to-end relocation ecosystem with GetVan’s technological offering and strong driver-partner network.

The group will integrate their cross-functional data capabilities and leverage on shared regional distribution networks.

In an official statement, James expressed that he was impressed by the strong commitment to protecting partner earnings and experience within the Moovaz platform.

“I believe in the vision of the Moovaz team, and I look forward to my new calling of delivering innovative experiences for the modern, mobile citizen.”

Founded in 2018, Moovaz’s digital platform provides a full suite of relocation services through a global network of over 2,000 certified partners.

In April 2020, Moovaz raised US$7 million (S$9.48 million) in a Series A round, led by Quest Ventures, YCH Group and government-owned deep-tech investor SGInnovate.

On the other hand, GetVan is a Singapore-based on-demand 24/7 van hailing business founded in 2016. It offers intra-city logistics solutions for businesses and individuals.

Prior to joining Moovaz, James served in the Singapore Armed Forces and acquired a background working in startups like Indonesian ride-hailing unicorn Gojek.

Featured Image Credit: DealStreetAsia

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