About PickMyLaundry
PickMyLaundry is a company based in Gurugram (India) founded in 2015 by Bhupender Beniwal. PickMyLaundry has raised $300 thousand across 2 funding rounds from investors including GHV Accelerator, Kedar Lele and Shailesh Tekurkar. The company has 6 employees as of December 24, 2024. PickMyLaundry has completed 1 acquisition, including OneClickWash. PickMyLaundry offers products and services including Wash & Fold, Wash & Iron, Premium Laundry, and Dry Cleaning. PickMyLaundry operates in a competitive market with competitors including MyWash, Wish2wash, Flashdoor, Urban Dhobi and Dhobilocker, among others.
- Headquarter Gurugram, India
- Employees 6 as on 24 Dec, 2024
- Founders Bhupender Beniwal
- Stage Minicorn
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Pml Solutions Private Limited
- Date of Incorporation 20 May, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$215.5 K (USD)-2.24as on Mar 31, 2019
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Net Profit
-$49.23 K (USD)41.13as on Mar 31, 2019
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EBITDA
-$40.54 K (USD)45.9as on Mar 31, 2019
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Total Equity Funding
$300 K (USD)
in 2 rounds
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Latest Funding Round
$200 K (USD), Seed
Oct 31, 2016
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Investors
GHV Accelerator
& 5 more
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Employee Count
6
as on Dec 24, 2024
- Investments & Acquisitions
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Products & Services of PickMyLaundry
PickMyLaundry offers a comprehensive portfolio of products and services, including Wash & Fold, Wash & Iron, Premium Laundry, and Dry Cleaning.
Washing and folding clothes with free delivery.
Washing and ironing for casual wear.
High-quality cleaning for formal clothes.
Professional cleaning for expensive garments.
Funding Insights of PickMyLaundry
PickMyLaundry has successfully raised a total of $300K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $200 thousand completed in October 2016. 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 — $200,000
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First Round
First Round
(25 Aug 2015)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2016 | Amount | Seed - PickMyLaundry | Valuation | GHV Accelerator | |
| Aug, 2015 | Amount | Seed - PickMyLaundry | Valuation | GHV Accelerator |
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Investors in PickMyLaundry
PickMyLaundry has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include GHV Accelerator, Kedar Lele and Shailesh Tekurkar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startup accelerator
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Founded Year | Domain | Location | |
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KL
Kedar Lele |
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|
Founded Year | Domain | Location |
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ST
Shailesh Tekurkar |
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|
Founded Year | Domain | Location |
Investments & Acquisitions by PickMyLaundry
PickMyLaundry has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include OneClickWash.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Online laundry & dry cleaning service provider
|
2015 |
Financial Statements - PickMyLaundry
Pickmylaundry Comparisons
Competitors of PickMyLaundry
PickMyLaundry 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 MyWash, Wish2wash, Flashdoor, Urban Dhobi and Dhobilocker, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand online laundry and dry-cleaning services are provided.
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| domain | founded_year | HQ Location |
Serves as an aggregator platform connecting users with offline laundry service providers.
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| domain | founded_year | HQ Location |
Provides on-demand laundry services for convenient and efficient home cleaning needs.
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| domain | founded_year | HQ Location |
Provider of an on-demand laundry service
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| domain | founded_year | HQ Location |
Provides digital locker-based laundry services.
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Frequently Asked Questions about PickMyLaundry
PickMyLaundry was founded in 2015.
PickMyLaundry is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Bhupender Beniwal is the current CEO of PickMyLaundry. They have also founded this company.
PickMyLaundry is a funded company, having raised a total of $300K across 2 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Aug 25, 2015.
As of Dec 24, 2024, the latest employee count at PickMyLaundry is 6.
Annual revenue of PickMyLaundry is $215.5K as on Mar 31, 2019.
PickMyLaundry was founded in 2015 and is headquartered in Gurugram, India. Operations focus on the on-demand laundry sector, where washing and dry cleaning services are provided through a mobile application available on Android and iOS platforms. Doorstep pickup and delivery are facilitated for users placing orders via the app, serving customers in the region. The service is accessible through the Google Play Store and Apple App Store.
PickMyLaundry offers Wash & Fold, Wash & Iron, Premium Laundry, and Dry Cleaning.
PickMyLaundry has made 1 acquisition, including OneClickWash.
PickMyLaundry has 6 investors. Key investors include GHV Accelerator, Kedar Lele, Shailesh Tekurkar, Sidharth Shankar Mishra, and Indranil Mitra.
The valuation of PickMyLaundry is $1.97M as of Oct 2016.