About Pressto India
Pressto India is a company based in Mumbai (India) founded in 2007 by Yvo Metzelaar and Esther Lennaerts. It operates as a Managed Services. Pressto India has raised $3.94 million across 1 funding round from investors including ASK Pravi. The company has 377 employees as of April 09, 2024. Pressto India offers products and services including Dry Cleaning and Cobbler Services. Pressto India operates in a competitive market with competitors including Revivo, Vashkleen Laundry Services, Tumble dry Chandigarhhas, Cleanovo and Village Laundry Services, among others.
- Headquarter Mumbai, India
- Employees 377 as on 09 Apr, 2024
- Founders Yvo Metzelaar, Esther Lennaerts
- Stage Minicorn
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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- Legal Name Press2 Drycleaning & Laundry Pvt. Ltd.
- Date of Incorporation 20 Jul, 2007
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$5.66 M (USD)47.8as on Mar 31, 2023
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Net Profit
$727.85 K (USD)461.66as on Mar 31, 2023
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EBITDA
$2.19 M (USD)92.51as on Mar 31, 2023
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Total Equity Funding
$3.94 M (USD)
in 1 rounds
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Latest Funding Round
$3.94 M (USD), Series A
Dec 23, 2014
- Investors
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Employee Count
377
as on Apr 09, 2024
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Products & Services of Pressto India
Pressto India offers a comprehensive portfolio of products and services, including Dry Cleaning and Cobbler Services.
Dry cleaning services are provided for apparel care.
Cobbler services are offered for footwear maintenance.
Funding Insights of Pressto India
Pressto India has successfully raised a total of $3.94M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.94 million completed in December 2014. 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.
Investors in Pressto India
Pressto India has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ASK Pravi.
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PE firm investing in India
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Investor details for Pressto India
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Investments & Acquisitions by Pressto India
Investment portfolio details for Pressto India
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Financial Statements - Pressto India
Detailed financials for Pressto India
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Pressto India Comparisons
Peer comparison for Pressto India
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Competitors of Pressto India
Pressto India 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 Revivo, Vashkleen Laundry Services, Tumble dry Chandigarhhas, Cleanovo and Village Laundry Services, among others.
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Laundry and dry cleaning services are provided by Revivo in India.
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Provides scientific laundry services to households and institutions using advanced technology.
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Offers comprehensive laundry and dry cleaning services.
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Provides dry cleaning, laundry, and on-demand delivery services across cities.
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Provides comprehensive commercial dry cleaning and laundry services for businesses.
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Offers professional dry cleaning and garment care services to consumers.
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Detailed competitors of Pressto India
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Latest news on Pressto India
Complete news archive for Pressto India
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Frequently Asked Questions about Pressto India
Pressto India was founded in 2007 and raised its 1st funding round 7 years after it was founded.
Pressto India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Pressto India is a funded company, having raised a total of $3.94M across 1 funding round to date.
As of Apr 09, 2024, the latest employee count at Pressto India is 377.
Annual revenue of Pressto India is $5.66M as on Mar 31, 2023.
Pressto India is involved in offering premium dry cleaning and cobbler services. The company operates within the apparel and accessory care industry, focusing on quality and safety standards. Advanced technology and expert-led processes are utilized to ensure exceptional care for items. Environmentally conscious solutions are implemented to reduce waste and promote sustainability. Services are designed to extend the life of garments and footwear, contributing to a reduced environmental footprint.
Pressto India's top competitors include Revivo, Whitex Drycleaner and Village Laundry Services.
Pressto India offers Dry Cleaning and Cobbler Services.
Pressto India has 1 investor. Key investors include ASK Pravi.
The valuation of Pressto India is $9.96M as of Dec 2014.