India's 1st ESCO-certified Laundry Startup 'Quick Clean' wins Rs. 50 crore in Series A
In its Series A funding round, which was co-led by Alkemi Growth Capital and Blue Ashva Capital, Quick Clean, a professional provider of linen management solutions, raised Rs. 50 crore ($5.7 million). Additionally, Venture Debt Cos invested Rs. 10 crore ($1.15 million) in a credit line.
Deepan Exim and others had already contributed $188K to the company.
According to a press statement, Quick Clean plans to use the additional funding to broaden its reach into the healthcare and hospitality industries.
Quick Clean, which was co-founded in 2010 by Anshul and Ankur Gupta, began as a coin-operated laundromat before developing into a distributor and importer of commercial laundry equipment. In their first year of business, the company grew to 45 franchises and was able to bring in top technology providers like Electrolux Professional, Trevil, Rennai, and a few international brands.
The Gurugram-based business employs 750 highly skilled people, operates in 36 Indian locations, and has an ARR of Rs. 80 crore.
With more than 120 five-star hotels and major hospital brands like Taj, Marriott, Fairmont, ITC, Radisson, AIIMS, PMCH, and others, the company counts more than 3,000 installed equipment. According to the company, it has now processed more than 600 million kilograms of linen, saved 210 million liters of water—enough to cover the daily water needs of 15 lakh households—and cut carbon emissions by 60 million kg.
Quick Clean wants to spearhead India's professional linen management revolution while also improving sustainability and hygienic standards.
“When it comes to a customer or patient, there’s no room for compromise. Linen quality and hygiene must unnegotiably be ensured through researched processes, novel chemistry and cutting-edge technology, not age-old human practices” says, CA Anshul Gupta, Founder and CEO, Quick Clean.
“This investment aligns with our commitment to enhancing healthcare standards and infection prevention in a rapidly growing market. With rising healthcare demands and an increasing emphasis on safety protocols, our focus on this sector is driven by the urgent need for advanced, hygienic laundry solutions that can significantly reduce hospital-acquired infections,” states Alka Goel, Founder, Alkemi Growth Capital.
Deepan Exim and others had already contributed $188K to the company.
According to a press statement, Quick Clean plans to use the additional funding to broaden its reach into the healthcare and hospitality industries.
Quick Clean, which was co-founded in 2010 by Anshul and Ankur Gupta, began as a coin-operated laundromat before developing into a distributor and importer of commercial laundry equipment. In their first year of business, the company grew to 45 franchises and was able to bring in top technology providers like Electrolux Professional, Trevil, Rennai, and a few international brands.
The Gurugram-based business employs 750 highly skilled people, operates in 36 Indian locations, and has an ARR of Rs. 80 crore.
With more than 120 five-star hotels and major hospital brands like Taj, Marriott, Fairmont, ITC, Radisson, AIIMS, PMCH, and others, the company counts more than 3,000 installed equipment. According to the company, it has now processed more than 600 million kilograms of linen, saved 210 million liters of water—enough to cover the daily water needs of 15 lakh households—and cut carbon emissions by 60 million kg.
Quick Clean wants to spearhead India's professional linen management revolution while also improving sustainability and hygienic standards.
“When it comes to a customer or patient, there’s no room for compromise. Linen quality and hygiene must unnegotiably be ensured through researched processes, novel chemistry and cutting-edge technology, not age-old human practices” says, CA Anshul Gupta, Founder and CEO, Quick Clean.
“This investment aligns with our commitment to enhancing healthcare standards and infection prevention in a rapidly growing market. With rising healthcare demands and an increasing emphasis on safety protocols, our focus on this sector is driven by the urgent need for advanced, hygienic laundry solutions that can significantly reduce hospital-acquired infections,” states Alka Goel, Founder, Alkemi Growth Capital.
