Gurgaon based On Demand Laundry Startup Pickmylaundry Raises Funding
Pickmylaundry, a Gurgaon-based on demand laundry startup has raised $200k in a new funding round from Kedar Lele (a top level executive of a leading FMCG major) and existing investor GHV Accelerator. The startup has raised about $200K and had commitment of another $300K from a couple of angels. The new round of funding will use the newly raised funding in expanding its operations to entire NCR and explore opportunities in other cities.
Pickmylaundry will also set up offline stores to reduce the last mile logistics cost, which is at currently around Rs 100 per order. “We will also roll out 24 hours delivery service and overnight service,” said Gaurav Agarwal, Founder, Pickmylaundry.
Founded by Gaurav Agarwal, along with Ankur Jain and Samar Sisodia in May 2015, Pickmylaundry had previ...