Professional linen management solutions provider Quick Clean raised Rs 50 crore ($5.7 million) in its Series A funding round, which was co-led by Alkemi Growth Capital and Blue Ashva Capital. Additionally, Venture Debt Cos invested Rs 10 crore ($1.15 million) in a credit line.
In the past, Deepan Exim and others had contributed $188K to the company.
In a press release, Quick Clean stated that the new funding would be utilized to increase its presence in the healthcare and hospitality industries.
In 2010, Anshul and Ankur Gupta co-founded Quick Clean, which began as a coin-operated laundromat before developing into a distributor and importer of commercial laundry equipment. In their first year of business, Quick Clean grew to 45 franchises and was able to bring in top technology providers like Electrolux Professional, Trevil, Rennai, and a few international names.
With a presence in 36 Indian cities, the Gurugram-based company employs 750 highly skilled professionals and has an ARR of Rs 80 crore.
With more than 120 five-star hotels and major healthcare chains like Taj, Marriott, Fairmont, ITC, Radisson, AIIMS, PMCH, and others, the company boasts more than 3,000 installed machines. According to the company, it has already processed more than 600 million kilograms of linen, saved 210 million liters of water—enough to meet the daily water needs of 15 lakh households—and cut carbon emissions by 60 million kilograms.
Quick Clean wants to spearhead India’s professional linen management revolution while also improving sustainability and hygienic standards.
