About Purple Ironing Services
Purple Ironing Services is a company based in Coimbatore (India) founded in 2012. Purple Ironing Services has raised $429.67 thousand across 5 funding rounds from investors including Keiretsu Forum, Radha Soami Resources and Kubos. The company has 4 employees as of April 05, 2024. Purple Ironing Services offers products and services including Steam Iron, Quick Wash, Upholstery Wash, Dry Clean, and Starching. Purple Ironing Services operates in a competitive market with competitors including UClean, LaundryMate, Tumbledry Solutions, Quick Smart Wash and LaundroKart, among others.
- Headquarter Coimbatore, India
- Employees 4 as on 05 Apr, 2024
- 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 Purple Ironing Services Private Limited
- Date of Incorporation 01 Apr, 2015
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$120.69 K (USD)-41.39as on Mar 31, 2019
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Net Profit
-$52.37 K (USD)-132.43as on Mar 31, 2019
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EBITDA
-$31.18 K (USD)-385.06as on Mar 31, 2019
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Total Equity Funding
$429.67 K (USD)
in 5 rounds
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Latest Funding Round
$81.5 K (USD), Seed
Oct 19, 2020
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Investors
Keiretsu Forum
& 36 more
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Employee Count
4
as on Apr 05, 2024
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Products & Services of Purple Ironing Services
Purple Ironing Services offers a comprehensive portfolio of products and services, including Steam Iron, Quick Wash, Upholstery Wash, Dry Clean, and Starching.
Professional steaming and ironing to remove wrinkles from garments
Fast washing service for everyday clothes and fabrics
Washing and maintenance for furniture and household fabrics
Chemical cleaning for delicate items without water damage
Application of starch to fabrics for added stiffness and shape
Funding Insights of Purple Ironing Services
Purple Ironing Services has successfully raised a total of $429.67K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $81.5 thousand completed in October 2020. 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 Purple Ironing Services
Purple Ironing Services has secured backing from 37 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Keiretsu Forum, Radha Soami Resources and Kubos.
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Accredited investors are networked for private equity funding opportunities.
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End-to-end HR services are provided for business operations.
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Operates as a non-banking financial company offering loan services.
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Investor details for Purple Ironing Services
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Investments & Acquisitions by Purple Ironing Services
Investment portfolio details for Purple Ironing Services
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Financial Statements - Purple Ironing Services
Detailed financials for Purple Ironing Services
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Purple Ironing Services Comparisons
Peer comparison for Purple Ironing Services
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Competitors of Purple Ironing Services
Purple Ironing Services 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 UClean, LaundryMate, Tumbledry Solutions, Quick Smart Wash and LaundroKart, among others.
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Laundry and dry cleaning services are provided with doorstep delivery.
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Provider of an online laundry and dry cleaning service
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Dry cleaning, laundry, and specialized garment care with home pickup and delivery services.
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On-premise and off-premise laundry and linen management services are provided.
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Offers convenient on-demand laundry and dry cleaning services.
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Online laundry & dry cleaning service provider
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Detailed competitors of Purple Ironing Services
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Latest news on Purple Ironing Services
Complete news archive for Purple Ironing Services
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Frequently Asked Questions about Purple Ironing Services
Purple Ironing Services was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Purple Ironing Services is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Purple Ironing Services is a funded company, having raised a total of $429.67K across 5 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Purple Ironing Services is 4.
Annual revenue of Purple Ironing Services is $120.69K as on Mar 31, 2019.
Founded in 2012 in Coimbatore, India, Purple Ironing Services operates in the laundry sector. Steam ironing, wet washing, dry cleaning, searching, and stain removal are included among its services. Access is provided via phone or mobile app, with doorstep pick-up and delivery available. Order tracking is enabled through the app for users.
Purple Ironing Services's top competitors include UClean, Tumbledry Solutions and LaundryMate.
Purple Ironing Services offers Steam Iron, Quick Wash, Upholstery Wash, Dry Clean, and Starching.
Purple Ironing Services has 37 investors. Key investors include Keiretsu Forum, Radha Soami Resources, Kubos, Subramaniam Iyer, and Rajan Srikanth.
The valuation of Purple Ironing Services is $1.32M as of Oct 2020.