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Quick Clean, one of the premier health and hospitality linen management solutions, has come off with ₹50 crore ($5.7 million approximately) in its Series A funding round. The round was co-led by Alkemi Growth Capital and Blue Ashva Capital, with a credit line of ₹10 crore ($1.15 million) being offered by a venture debt firm. This round would help Quick Clean set its foot in healthcare and hospitality sectors across India.
Founded in 2010 by Anshul Gupta and Ankur Gupta, Quick Clean started as a coin-operated laundromat service and blossomed into an importer and distributor of commercial laundry equipment. In the same year, it rolled out 45 franchises. Today, it partners with leading technology providers like Electrolux Professional, Trevil, and Rennai to achieve state-of-the-art laundry solutions.
Rapid Growth and Infrastructure
In Gurugram, Quick Clean is now in 36 cities across India. It brings together a fully qualified team of over 750 experts and is generating an ARR of ₹80 crore. Quick Clean operates more than 3,000 installed machines, servicing more than 120 five-star hotels and premier healthcare chains, prominent amongst them being; Taj, Marriott, Fairmont, ITC, Radisson, and AIIMS.
The Company has made an immense contribution to the environment by despatching over 600 million kg of linen, saving about 210 million liters of water sufficient to sustain the daily needs of 1.5 million households. Quick Clean further claimed to have reduced 60 million kg of carbon emissions, which showed its commitment to sustainability.
Future Aspirations
With the new funding, Quick Clean is poised to enhance its operations in the healthcare and hospitality sectors. The company aims to raise hygiene standards and lead a revolution in professional linen management in India. By focusing on sustainability and innovative solutions, Quick Clean aspires to set new benchmarks in the industry.
Quick Clean, with its expanding size and advanced technology, is undoubtedly in a position to attain greater heights in the industry, as the demand for efficient linen management goes on growing. Quality and accountability in care for the environment enable Quick Clean to get ready to fully engage in opportunities as they arise in market.
All in all, Quick Clean’s successful Series A funding round is a momentous milestone in its journey to becoming a leader in linen management. With support from notable investors and a definite vision for growth, Quick Clean has all the right attributes to face the healthcare and hospitality sectors with a sustainable vision. The company will continue to promote both economic viability as well as environmental sustainability going forward.