Archive · 2 Jun 2025
MoveInsync Acquires EFM FM, Eyes Revenue and Client Growth
MoveInsync, a company that helps people get to work, bought another company called EFM FM.
This should increase their income by about 10% and add a lot of new customers.
MoveInsync now moves over a million employees daily, which is a large part of the IT-BPO workforce in India.
The company also plans to grow in countries like the Philippines, South Africa, and Egypt.
They're also looking at how the manufacturing sector in India could help them grow even more.
The goal is to help more people get to their workplaces, and to grow the company.
MoveInsync acquired EFM FM.
The acquisition is expected to increase revenue by 10%.
MoveInsync will add 50 new clients.
MoveInsync moves over 1 million employees daily.
MoveInsync is expanding globally.
- Who
- MoveInsync, an employee commute solutions provider, acquired EFM FM.
- What
- MoveInsync acquired EFM FM to boost revenue and expand client base.
- When
- The acquisition was recent.
- Where
- India and several international markets.
- Why
- To strengthen market position, gain new clients, and expand globally.
- Acquisition Target
- EFM FM
- Acquirer
- MoveInsync
- Expected Revenue Boost
- 10%
- New Clients Added
- 50
- Employees Moved Daily
- Over 1 million
- Clients Gained
- Genpact, Shell
- Expansion
- Philippines, South Africa, Egypt