- With a tech-first, asset-light D2C approach, Revivo is transforming India’s $47.9 billion laundry and dry cleaning sector while guaranteeing sustainability, ease, and transparency.
- The money will be used to improve teamwork, branding, and technology in order to increase operational effectiveness and expand market reach.
- Over INR 800 Cr has been invested in 210+ businesses by Inflection Point Ventures (IPV) to far.
An unknown sum was successfully secured by Revivo, a tech-first laundry and dry cleaning firm, in a PreSeed Series A Round managed by Inflection Point Ventures (IPV). To boost growth and improve market positioning, the money will support talent acquisition, strategic branding initiatives, and technological advancements.
With its D2C business model, Revivo is upending the fragmented laundry sector by utilizing cutting-edge technology and forming smart alliances with regional service providers. Revivo prioritizes sustainability by using eco-friendly packaging and reusable delivery boxes while processing over 5,000 orders and managing 3 lakh clothes each month throughout its locations in Gurgaon and Delhi.
Vikas Agarwal, an IIT-IIM graduate with more than ten years of experience in marketing and business development, and Khushboo Gupta, an FMS alumnus with experience in research, analytics, and people management, are co-founders of REVIVO. The strategic expansion and operational excellence of REVIVO are propelled by their shared goal.
According to Mitesh Shah, co-founder of Inflection Point Ventures, “The dry cleaning and laundry sector has long played a significant role in urban society. Families frequently have little time for domestic duties because they are too busy caring for children, elderly family members, spouses, and hard jobs. Realizing this, Revivo helps hundreds of city dwellers with everything from pick-up to delivery at a very affordable price, including premium washing, dry cleaning, ironing, and cleaning of carpets and upholstery. We think there is a lot of room for growth in India, where individuals are more motivated than ever to prioritize productivity.
Revivo stands out with its technology-driven, asset-light, and highly scalable business model. Supported by 15+ trusted processing partners and a dedicated logistics fleet, Revivo ensures seamless and reliable garment care services.
“At REVIVO, we are transforming the laundry industry by combining convenience, quality, and eco-conscious practices,” said Khushboo and Vikas, co-founders of the company. Our 6-hour turnaround time has set a new standard for swift commerce ironing services, which we pioneered to fulfill everyday necessities. We are dedicated to making daily tasks easier with reliable, creative solutions, using disorganized participants while guaranteeing constant quality and on-time delivery. One properly washed item at a time, REVIVO promises to make life easier. It is more than simply a service.
Significant accomplishments for the firm include getting chosen for the esteemed Gurukul Accelerator Program, launching a cutting-edge 6-hour ironing service, and being included in Entrepreneur Today’s 35 Under 35 list.
With 95% of participants working individually, India’s $47.9 billion laundry and dry cleaning business is still primarily unorganized. Over the next ten years, Revivo wants to gain $1 billion in market share.
