Revivo, tech-first laundry and dry-cleaning startup has successfully raised undisclosed amount in a PreSeed Series A Round led by Inflection Point Ventures (IPV). The funds will drive technology enhancements, strategic branding efforts, and talent acquisition to accelerate growth and strengthen market positioning.
Revivo is disrupting the fragmented laundry industry with its D2C model, leveraging advanced technology and strategic partnerships with local service providers. With operations across Gurgaon and Delhi, Revivo processes over 5,000 orders monthly and manages 3 lakh garments every month, all while prioritizing sustainability with eco-friendly packaging and reusable delivery boxes.
REVIVO is co-founded by Khushboo Gupta, an FMS alumna with expertise in research, analytics, and people management, and Vikas Agarwal, an IIT-IIM graduate with over a decade of experience in marketing and business development. Their combined vision drives REVIVO's strategic growth and operational excellence.
Mitesh Shah, Co-Founder, Inflection Point Ventures, says: "Laundry and dry-cleaning industry has always been an important part of urban culture. Families are busy taking care of kids, elders, partners, and demanding careers; this often leaves limited time for household chores. Recognising this, Revivo assists hundreds of urbanites manage their laundry, dry cleaning, premium laundry, ironing, carpet and upholstery cleaning, etc, right from pick-up to delivery at a highly competitive price. We believe this idea has a lot of potential for growing India where people want to prioritise productivity more than ever."
Revivo stands out with its technology-driven, asset-light, and highly scalable business model. Supported by 15+ trusted processing partners and a dedicated logistics fleet, Revivo ensures seamless and reliable garment care services.
Khushboo & Vikas, Co-Founders, Revivo, say: "At REVIVO, we are revolutionizing the laundry industry by combining convenience, quality, and eco-conscious practices. As pioneers in introducing quick commerce ironing services to meet daily needs, we've set a new benchmark with our 6-hour turnaround time. Leveraging unorganized players while ensuring consistent quality and timely delivery, we are committed to simplifying everyday chores with trusted, innovative solutions. REVIVO is not just a service-it's a promise to make life easier, one perfectly laundered piece at a time."
The startup has achieved significant milestones, including being selected for the prestigious Gurukul Accelerator Program, introducing an innovative 6-hour ironing service, and earning recognition in Entrepreneur Today's 35 Under 35 list.
India's laundry and dry-cleaning market, valued at $47.9 billion, remains largely unorganized, with 95% of players operating independently. Revivo aims to capture $1 billion in market share over the next decade. |
