Rahul Pillai, the former CEO of Interem Relocations for India and Middle East, which is a subsidiary of the 200 million-dollar Freight Systems Group, has unveiled the plans to join hands with industry veterans Rijish AV and Prakash K, founders of Transworld International to launch their new venture aiming to revolutionize the relocation market in India and at a global level. The venture, named Hybrid Shifting Solutions India Pvt. Ltd. (HSSIPL), has secured its first investment from Transworld International of US$ 2.5 million with an additional US$ 10 million committed in cash and infrastructure support. This investment will be used in building its robust technology platform, enhancing the network and infrastructure, further expansion of service segments and establishing its strong market presence including the international market over the next 2–4 years.
