Quick Clean raises Rs 50 Cr in Series A round

Quick Clean, a professional linen management solutions provider, has raised Rs 50 crore ($5.7 million) in its Series A funding round co-led by Alkemi Growth Capital and Blue Ashva Capital and witnessed an additional investment of Rs 10 crore ($1.15 million) credit line from Venture Debt Cos.

The company had previously raised $188K from Deepan Exim and others.

The fresh funds will be used to expand its footprint into healthcare and hospitality, Quick Clean said in a press release.

Co-founded in 2010 by Anshul Gupta and  Ankur Gupta, Quick Clean started by introducing coin-operated laundromat before evolving into importer and distributor of commercial laundry equipment and expanded to 45 franchises in their first year of operation and being able to bring the leading technology providers like Electrolux Professional, Trevil, Rennai, and a few global names. 

The Gurugram based company has presence across 36 cities in India, heading a team of 750 over  experienced professionals and registered an ARR of Rs 80 crore.

The company boasts north of 3,000 installed machines across over 120 five-star hotels &  leading healthcare chains including the likes of Taj, Marriott, Fairmont, ITC, Radisson,  AIIMS, PMCH & other large organizations. The company has claimed that it has already processed over 600  million kg of linen, saved 210 million liters of water (quantum meeting the daily water  requirement of 15 lakh households), and reduced 60 million kg of carbon emissions.

Quick Clean aspires to raise hygiene standards, enhance sustainability, and lead India’s professional linen management revolution.