About Quick Smart Wash
Quick Smart Wash is a company based in Jaipur (India) founded in 2013 by Rakesh Sharma.. Quick Smart Wash has raised $8.03 million across 3 funding rounds from investors including ELAN. The company has 290 employees as of March 22, 2024. Quick Smart Wash offers products and services including Healthcare Laundry Services, Campus Laundry Services, Hotel Laundry Services, and Linen Management. Quick Smart Wash operates in a competitive market with competitors including UClean, LaundryMate, Tumbledry Solutions, LaundroKart and OneClickWash, among others.
- Headquarter Jaipur, India
- Employees 290 as on 22 Mar, 2024
- Founders Rakesh Sharma
- 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 Quick Smart Wash Private Limited
- Date of Incorporation 24 May, 2013
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$2.34 M (USD)36.78as on Mar 31, 2023
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Net Profit
$14.22 K (USD)12.56as on Mar 31, 2023
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EBITDA
$487.36 K (USD)4.13as on Mar 31, 2023
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Total Equity Funding
$8.03 M (USD)
in 3 rounds
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Latest Funding Round
$5.15 M (USD), Series B
Sep 29, 2023
- Investors
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Employee Count
290
as on Mar 22, 2024
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Products & Services of Quick Smart Wash
Quick Smart Wash offers a comprehensive portfolio of products and services, including Healthcare Laundry Services, Campus Laundry Services, Hotel Laundry Services, and Linen Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides infection control and hygiene for hospitals and healthcare facilities.
Offers streamlined solutions for college campuses to ensure student comfort.
Delivers luxurious linen management for hotels to enhance guest experiences.
Handles end-to-end linen processing with sustainable practices across sectors.
Funding Insights of Quick Smart Wash
Quick Smart Wash has successfully raised a total of $8.03M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5.15 million completed in September 2023. 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 3
- Last Round Series B — $5.2M
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First Round
First Round
(13 Mar 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series B - Quick Smart Wash | Valuation | Elan |
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| Dec, 2021 | Amount | Series A - Quick Smart Wash | Valuation |
investors |
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| Mar, 2021 | Amount | Seed - Quick Smart Wash | Valuation | Elan |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Quick Smart Wash
Quick Smart Wash has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ELAN. 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 |
|---|---|---|---|---|
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Business consignment, staffing, and hospital management services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Quick Smart Wash
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Quick Smart Wash
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Quick Smart Wash Comparisons
Competitors of Quick Smart Wash
Quick Smart Wash 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, LaundroKart and OneClickWash, 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 |
Laundry and dry cleaning services are provided with doorstep delivery.
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| domain | founded_year | HQ Location |
Provider of an online laundry and dry cleaning service
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| domain | founded_year | HQ Location |
Dry cleaning, laundry, and specialized garment care with home pickup and delivery services.
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| domain | founded_year | HQ Location |
Offers convenient on-demand laundry and dry cleaning services.
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| domain | founded_year | HQ Location |
Online laundry & dry cleaning service provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Quick Smart Wash
Frequently Asked Questions about Quick Smart Wash
When was Quick Smart Wash founded?
Quick Smart Wash was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Where is Quick Smart Wash located?
Quick Smart Wash is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Who is the current CEO of Quick Smart Wash?
Rakesh Sharma is the current CEO of Quick Smart Wash. They have also founded this company.
Is Quick Smart Wash a funded company?
Quick Smart Wash is a funded company, having raised a total of $8.03M across 3 funding rounds to date. The company's 1st funding round was a Seed of $906.33K, raised on Mar 13, 2021.
How many employees does Quick Smart Wash have?
As of Mar 22, 2024, the latest employee count at Quick Smart Wash is 290.
What is the annual revenue of Quick Smart Wash?
Annual revenue of Quick Smart Wash is $2.34M as on Mar 31, 2023.
What does Quick Smart Wash do?
Quick Smart Wash was founded in 2013 in Jaipur, India, as a provider of laundry and linen management services. Operations serve the healthcare, hospitality, and campus sectors through on-premise and off-premise solutions. Equipment investment, staff management, and sustainable practices with detergents are included. All aspects of linen handling, from washing and drying to daily operations, are managed to ensure hygiene standards.
Who are the top competitors of Quick Smart Wash?
Quick Smart Wash's top competitors include UClean, Tumbledry Solutions and LaundryMate.
What products or services does Quick Smart Wash offer?
Quick Smart Wash offers Healthcare Laundry Services, Campus Laundry Services, Hotel Laundry Services, and Linen Management.
Who are Quick Smart Wash's investors?
Quick Smart Wash has 1 investor. Key investors include ELAN.
What is Quick Smart Wash's valuation?
The valuation of Quick Smart Wash is $12.38M as of Dec 2021.