When was MovingTech founded?

MovingTech was founded in 2020.

Where is MovingTech located?

MovingTech is headquartered in Bengaluru, India. It is registered at 3rd Floor,Girija Building, 8th Block, Koramangala, Koramangala VI Bk, Bangalore, Bangalore South, Karnataka, India, 560095.

Who is the current CEO of MovingTech?

Magizhan Selvan of MovingTech. They have also founded 1 company.

Which legal entities is MovingTech associated with?

MovingTech is associated with MOVING TECH INNOVATIONS PRIVATE LIMITED.

How many employees does MovingTech have?

As of Aug 31, 2025, the latest employee count at MovingTech is 140.

How much is MovingTech worth?

The latest valuation of MovingTech is $***** as of Mar 10, 2026.

What is the annual revenue of MovingTech?

Annual revenue of MovingTech is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does MovingTech rank among its competitors?

MovingTech ranks 2nd amongst 227 active competitors, of which 10 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Namma Yatri, which secured $4.4M in Jan, 2026.

Who are the top competitors of MovingTech?

MovingTech's top competitors include Uber, Ola and Meru. Among them, Voltacabs secured the most recent funding round in January, 2025.

MovingTech - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Digital mobility platform providing a people-first ride-hailing service through an open network. Users can book auto through the app by providing location, destination, passenger details, and more. Drivers can register through the app by providing vehicle details, driver details, and more for getting rides. The app is available for both Android and iOS devices.

Website: nammayatri.in
Social
Part Of
Registered Address: 3rd Floor,Girija Building, 8th Block, Koramangala, Koramangala VI Bk, Bangalore, Bangalore South, Karnataka, India, 560095

Key Metrics

Founded Year

2020

Location

Bengaluru, India

Stage

Unfunded

Post Money Valuation

$***** as on Mar 10, 2026

Investors

Blume Venture & 24 more

Ranked

2^nd among 227 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

140 as on Aug 31, 2025

Similar Companies

TADA & 70 more

View MovingTech's full profile

MovingTech is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MOVING TECH INNOVATIONS PRIVATE LIMITED CIN: U62099KA2023PTC180900 , India, Active	Nov 10, 2023	₹10 - ₹50 Cr (As on Mar 31, 2025)	129 (As on Apr 01, 2026)

MovingTech has not raised any funding rounds yet. MovingTech has 11 institutional investors and 14 angel investors.

View details of MovingTech's funding rounds and investors

The founders of MovingTech are Shanmugavel Mani Subbiah and Magizhan Selvan. Magizhan Selvan is the CEO of MovingTech.

Here are the details of MovingTech's key team members:

Shanmugavel Mani Subbiah: Co-Founder & COO of MovingTech. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Magizhan Selvan: Co-Founder & CEO of MovingTech. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

MovingTech's Board of Directors

MovingTech's board has 5 active members. Karthik Reddy Bezawada, Shanmugavel Mani Subbiah, Sheetal Lalwani and Magizhan Selvan are part of team and Vivekananthamoorthy Vimalkumar is independent board member.

Here is the list of MovingTech's board of directors:

Name	Type	Representing	Status	Duration
Shanmugavel Mani Subbiah	Team	-	Current	2y 7m
Magizhan Selvan	Team	-	Current	2y 4m
Karthik Reddy Bezawada	Investor	-	Current	2y 0m
Sheetal Lalwani	Investor	-	Current	2y 5m
jtlriou	Independent board member	-	Past	6y 5m

View details of MovingTech's Founder profiles and Board Members

MovingTech's employee count trend

MovingTech has 140 employees as of Aug 25. The total employee count is 22.0% more than what it was in Aug 24. Here is MovingTech's employee count trend over the years:

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Top competitors of MovingTech include Uber, Ola and Meru. Here is the list of Top 10 competitors of MovingTech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Uber 2009, San Francisco (United States), Public	Network providing on-demand transportation, delivery, and business management solutions	$13.2B	Toyota, Fidelity Investments & 191 others	89/100
2nd	MovingTech 2020, Bengaluru (India), Unfunded	Digital mobility platform providing a people-first ride-hailing service through an open network	-	Google, Phi Capital & 23 others	77/100
3rd	Ola 2010, Bengaluru (India), Series J	Operator of a network providing on-demand transportation and mobility solutions	$3.84B	Tiger Global Management, Steadview & 150 others	73/100
4th	Meru 2007, Mumbai (India), Acquired	App-based platform offering ride-hailing services	$135M	True North, Brand Capital & 12 others	72/100
5th	TaxiForSure 2011, Bengaluru (India), Acquired	Car rental aggregator	$45.2M	Accel, Helion Venture Partners & 11 others	59/100
6th	WTI 2009, Delhi (India), Public	Provider of vehicle transfer and tech enabled solutions	-	-	54/100
7th	GOAMILES 2018, Margao (India), Funding Raised	App-based platform offering ride-hailing services	-	Sarthy	53/100
8th	Voltacabs 2023, Hyderabad (India), Seed	App-based platform for booking personal transportation services	$295K	-	51/100
9th	Red Taxi 2012, Coimbatore (India), Unfunded	Provider of car rental services	-	-	50/100
10th	Aala Cabs 2021, Srinagar (India), Unfunded	Provider of car rental services	-	-	49/100

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Looking for more details on MovingTech's competitors? Click here to see the top ones

Founders (largest shareholder) own 32.32%, Funds own 26.00%, Parent Entities own 29.45% and Enterprises own 0.07%. The net worth of MovingTech's founders is INR 161Cr as of Mar 07, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	32.32%	161Cr	4308330	6392429	2050147	5134250
Magizhan Selvan	9450192	9081981	7096485	1833785	7801203	5445727
Shanmugavel Mani Subbiah	364755	535535	562907	858851	602914	827359
Fund	26.00%	130Cr	5578406	1195415	5212667	5672798
Parent Entity	29.45%	147Cr	2106617	9900302	6153696	4715499
Enterprise	0.07%	33.4L	0	0	0	0
Angel	1.86%	9.31Cr	5	2	6	3
ESOP Pool	10.31%	51.5Cr	7133432	9835269	1143086	8039894
Total	100.00%	500Cr	2731406	5353664	5830341	3998044