About MyWash
MyWash is a company based in Bengaluru (India) founded in 2014 was acquired by HouseJoy in February 2016.. MyWash has raised $1.43 million across 2 funding rounds from investors including HouseJoy, Orios Venture Partners and M & S Partners. The company has 197 employees as of April 06, 2024. MyWash operates in a competitive market with competitors including PickMyLaundry, Wish2wash, Flashdoor, Dhobilocker and Mycleaners, among others.
- Headquarter Bengaluru, India
- Employees 197 as on 06 Apr, 2024
- Stage Minicorn
-
Sectors
Business Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Mywash Technologies Private Limited
- Date of Incorporation 05 Dec, 2014
- Jurisdiction Bangalore, Karnataka, India
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of MyWash
MyWash has successfully raised a total of $1.43M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $301.81 thousand completed in December 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $301,810
-
First Round
First Round
(01 Jan 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Seed - MyWash | Valuation | M & S Partners |
|
| Jan, 2015 | Amount | Seed - MyWash | Valuation | Orios Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MyWash
MyWash has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include HouseJoy, Orios Venture Partners and M & S Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity investments are directed toward multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on early-stage investments
|
Founded Year | Domain | Location | |
|
VS
Vijay Saraf |
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by MyWash
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - MyWash
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mywash Comparisons
Competitors of MyWash
MyWash operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PickMyLaundry, Wish2wash, Flashdoor, Dhobilocker and Mycleaners, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online on-demand laundry service
|
|
| domain | founded_year | HQ Location |
Serves as an aggregator platform connecting users with offline laundry service providers.
|
|
| domain | founded_year | HQ Location |
Provides on-demand laundry services for convenient and efficient home cleaning needs.
|
|
| domain | founded_year | HQ Location |
Provides digital locker-based laundry services.
|
|
| domain | founded_year | HQ Location |
Offers dry cleaning, laundry, and home services via app with pick-up and delivery.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Mywash
Frequently Asked Questions about MyWash
When was MyWash founded?
MyWash was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is MyWash located?
MyWash is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is MyWash a funded company?
MyWash is a funded company, having raised a total of $1.43M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.13M, raised on Jan 01, 2015.
How many employees does MyWash have?
As of Apr 06, 2024, the latest employee count at MyWash is 197.
What does MyWash do?
MyWash was established in 2014 in Bengaluru, India, within the consumer services sector. Laundry and dry-cleaning operations are conducted on-demand via an online platform, where pick-up and delivery times are chosen by users. Clothes are collected by agents, washed, ironed, and returned. The service launched in October 2014, with a mobile app developed for scheduling. Funding of 1 million was secured in January 2015, followed by acquisition in February 2016.
Who are the top competitors of MyWash?
MyWash's top competitors include PickMyLaundry, Flashdoor and Wish2wash.
Who are MyWash's investors?
MyWash has 6 investors. Key investors include HouseJoy, Orios Venture Partners, M & S Partners, Vijay Saraf, and Rohan Dedhia.
What is MyWash's valuation?
The valuation of MyWash is $6.33M as of Dec 2015.