About Wassup
Wassup is a Business Services company based in Chennai (India) founded in 2011 by Balachandar R. Cleaning and laundry services are provided through professional setups. Wassup has raised $5.2 million across 3 funding rounds from investors including Anil Jain, B S Nagesh and Arun Chandra Mohan. Its chief executive, as recorded, is Balachandar R. Its Indian entity Lacarho Home Services Private Limited reported revenue of ₹13.1 Lakh. Wassup offers products and services including Laundry & Dry Clean, Home Cleaning, and Car Cleaning. Its focus areas include Consumer, Professional Consumer Services and Laundry. Its competitors include QUICKCLEAN, Revivo and Village Laundry Services; 1 of its 3 listed competitors has raised funding.
Company details
Wassup was founded in 2011 and is based in Chennai, India, operating in the cleaning and laundry services sector. Services are delivered using state-of-the-art machinery and skilled fabric experts to maintain hygiene and garment care. Operations are supported by retail hubs, a mobile app, and a website for customer convenience. The company is led by co-founder and CEO Balachandar R, alongside CEO Arun Krishnan.
- Annual Revenue₹13.1 Lakh
FY 2024
- Net Loss-₹9.5 Lakh
FY 2024 · -73% margin
- EBITDA-₹9.5 Lakh
FY 2024 · -72% margin
- Total Equity Funding$5.2M (USD)
in 3 rounds
- Latest Funding Round$3.2M (USD), Series A
Feb 2017
Associated legal entities of Wassup
Wassup operates through Lacarho Home Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lacarho Home Services Private Limited CIN U96010TN2023PTC160690 | Active | 25 May 2023 | Chennai, Tamil Nadu | ₹0.1 Cr | 2 | View details |
Products & Services of Wassup
Wassup offers a comprehensive portfolio of products and services, including Laundry & Dry Clean, Home Cleaning, and Car Cleaning.
Offers pick-up, cleaning, and delivery for clothing and fabrics.
Provides thorough cleaning of homes with attention to detail.
Handles exterior and interior cleaning for cars and vehicles.
Funding Insights of Wassup
Wassup has successfully raised a total of $5.2M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.2 million completed in February 2017. 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 $5.2M
- Total Rounds 3
- Last Round Series A — $3.2M
- First Round $2M
(May 2015)
- Investors Count 5
All 3 funding rounds of Wassup with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2017 | $3.2M | Series A | – | Anil Jain | – |
| Jul 2015 | Seed | – | B S Nagesh | – | |
| May 2015 | $2M | Seed | – | Arun Chandra Mohan, Praveen Sinha | – |
5 investors in total: 0 institutional and 5 angel.
Investors in Wassup
Wassup has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Anil Jain, B S Nagesh and Arun Chandra Mohan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AJ Anil Jain | Angel investor, ex-CEO of Nandi Infrastructure, focused on tech startups | unknown_52428237cadb41db8 | ||
BS B S Nagesh | unknown_64c15eaeff484342a | |||
AC Arun Chandra Mohan | Co-founder of Sauce.vc, angel investor, ex-Jabong and Unicommerce executive | unknown_67ac53657b0e46c6a | ||
PS Praveen Sinha | Co-founder of Jabong, active angel investor in Indian startups | unknown_c6cbbaab840d408ea | ||
MW Micky Watwani | unknown_79958dbe975642fc8 |
Investor details for Wassup
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Lacarho Home Services Private Limited (Wassup)
Lacarho Home Services Private Limited is the primary company behind Wassup. The board of Lacarho Home Services Private Limited currently have 2 directors; the longest-serving is Durga Das, appointed in 2023. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Durga Das DIN 00135143 | Director | 25 May 2023 | 3 yrs 5 mo | Lacarho Home Services Private Limited |
| Balachandar Ramachandran DIN 01822496 | Director | 25 May 2023 | 3 yrs 5 mo | Lacarho Home Services Private Limited |
People of Wassup
2 people are tracked at Wassup (2 in leadership).
| Name | Role | Group |
|---|---|---|
Balachandar R | Co-Founder & CEO | Leadership |
Arun Krishnan | CEO | Leadership |
Complete people profiles for Wassup
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Wassup
Figures of Lacarho Home Services Private Limited, the primary company behind Wassup, for FY 2024. Revenue was ₹13.1 Lakh. Net loss was -₹9.5 Lakh (-73% margin). EBITDA was -₹9.5 Lakh (-72% margin).
- ₹13.1 LakhRevenue · FY 2024
- -₹9.5 LakhNet loss · -73% margin
- -₹9.5 LakhEBITDA · -72% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Lacarho Home Services Private Limited are on its company page.
Detailed financial statements for Wassup
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Wassup
3 dated milestones of Wassup across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Wassup is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Series A, of $3.2M.
Competitors of Wassup
Wassup has 3 listed competitors in our database, 1 of them funded. They include QUICKCLEAN, Revivo and Village Laundry Services.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quickclean.co.in | 2009 | Gurugram, India | $5.96M | On-premise laundry solutions are provided for hotels and hospitals. | ||
| revivo.in | 2022 | Gurugram, India | 17 | Laundry and dry cleaning services are provided by Revivo in India. | ||
| villagelaundryservice.com | 2008 | Mumbai, India | Provides comprehensive commercial dry cleaning and laundry services for businesses. |
Detailed competitors of Wassup
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Web traffic of Wassup
The website of Wassup (wassup.me) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 15.1% vs previous month
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Related news about Wassup
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Frequently Asked Questions about Wassup
Wassup was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Wassup is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Balachandar R is the CEO of Wassup, as recorded in our data. They have also founded this company.
Wassup is a funded company, having raised a total of $5.2M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on May 2015.
The primary company behind Wassup, Lacarho Home Services Private Limited, reported revenue of ₹13.1 Lakh for FY 2024.
Wassup was founded in 2011 and is based in Chennai, India, operating in the cleaning and laundry services sector. Services are delivered using state-of-the-art machinery and skilled fabric experts to maintain hygiene and garment care. Operations are supported by retail hubs, a mobile app, and a website for customer convenience. The company is led by co-founder and CEO Balachandar R, alongside CEO Arun Krishnan.
Wassup's top competitors include QUICKCLEAN, Revivo and Village Laundry Services.
Wassup offers Laundry & Dry Clean, Home Cleaning, and Car Cleaning.
Wassup has 5 investors. Key investors include Anil Jain, B S Nagesh, Arun Chandra Mohan, Praveen Sinha, and Micky Watwani.
Wassup operates through Lacarho Home Services Private Limited.
The legal entities of Wassup currently have 2 directors, including Durga Das, Balachandar Ramachandran.