MoveInSync Acquires eFmFm to Strengthen Leadership in Enterprise Commute Sector Post-acquisition, MoveInSync will be able to scale operations significantly, adding 50 new global clients to its roster.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Deepesh Agarwal, Co-founder and CEO of MoveInSync|LinkedIn

Bengaluru-based MoveInSync, an integrated enterprise commute platform, has acquired eFmFm, a leading enterprise transport technology company. This marks MoveInSync's first strategic acquisition in the employee commute space, reinforcing its position as a global leader in the sector.

The acquisition aligns with MoveInSync's long-term goal of offering seamless, safe, and sustainable transportation solutions for enterprises. The company currently serves over 400 clients across 35 countries, including 84 Fortune 500 companies.

Deepesh Agarwal, Co-founder and CEO of MoveInSync, said, "eFmFm is built by a team of brilliant minds led by 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 the journey of both companies, Agarwal added, "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."

Satish Goel, Chairman of eFmFm, shared, "We have grown the company to emerge as the third 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, and this is a vision that we share with MoveInSync. This shared enthusiasm makes this acquisition a natural fit and will inspire us to assist in the rapid growth and innovation of MoveInSync."

Post-acquisition, MoveInSync will be able to scale operations significantly, adding 50 new global clients to its roster. It will also become the first platform to serve over 1 million employees commuting daily, managing more than 100,000 vehicles.

With its flagship solution, MoveInSync One, the company continues to empower enterprises to reduce emissions, optimise transport, and adopt EVs, driving the future of work mobility.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

How Lab-Grown Diamonds are Reshaping Jewellery Market

As sustainability takes the centre stage shaping the luxury market, lab grown diamonds (LGDs) are leading the way and not merely following the latest trends, says Ishendra Agarwal, Founder, Giva

Business News

AI Could Cause 99% of All Workers to Be Unemployed in the Next Five Years, Says Computer Science Professor

Professor Roman Yampolskiy predicted that artificial general intelligence would be developed and used by 2030, leading to mass automation.

News and Trends

Reveal HealthTech Raises USD 7.2 Mn to Expand AI-Driven Healthcare Solutions

The fresh funding will be channelled towards scaling its flagship products, BioCanvas and Prism AI.

Growth Strategies

GST Rate Cuts To Bolster FMCG Sector; Daily Goods To Get Cheaper

FMCG companies such as Marico, Emami, GCPL, Zydus Wellness, are prioritizing to pass on the GST benefits to consumers at the earliest