Laundry Business Investment Opportunity in Bangalore, India
On demand online laundry service hyper-local marketplace based in Bangalore seeking investment.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 120 thousand |
| EBITDA Margin | 31 % |
| Industries | Laundry Business + 1 more |
| Locations | Bangalore |
| Local Time | 8:22 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
70 thousand
for
10.0%
stake
(Native Currency: INR 6,000,000)
Reason: Building a strong technology team and expansion.
Interested to connect with advisors
Business Overview
- Founded by a team of MBAs’ from IIM, Engineers from IIT / NIT & Chartered Accountants.
- Team has experience in OLA, Taxi For Sure, Accenture, Ernst & Young, Deloitte & WIPRO.
- Have tie-ups with 10 laundry shops across Bangalore.
- Will handle the pick up and delivery of the clothes.
- Will charge the same price as regular laundry shops.
- Turn around time of 2 days.
- Will be launching an app in a week's time.
Products & Services Overview
We provide all types of Laundry, dry-cleaning, wash & fold and Ironing services. We ourselves do not do any processing but we outsourced it various vendors area-wise.
Facilities Overview
We are an online marketplace with asset-light model.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Business Consultancy, Bangalore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDivision Head, FMCG, Phnom Penh, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Development, Metal Fabrication, Bangalore, Individual Investor / Buyer connected with the Business
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