Quick Clean, an on-premise laundry infrastructure company, has raised $14 million (around Rs 133 crore) in a Series B funding round led by Stakeboat Capital. Existing investors Alkemi Growth Capital and Blue Ashva Capital also participated in the round. The fresh capital will be used to expand its presence across India, invest in AI-led laundry operations, automation and predictive maintenance technologies, and support its international expansion plans. Founded in 2010 by brothers Anshul and Ankur Gupta, Quick Clean operates a build-own-operate model for institutional laundry services. The company manages on-premise laundry facilities for hotels and hospitals, allowing customers to outsource operations while retaining control over infrastructure within their premises. Quick Clean currently operates more than 140 on-premise laundry facilities across over 38 cities and processes more than 100,000 kilograms of linen daily. Its clients include hospitality and healthcare institutions such as Marriott, Taj, Hyatt, Radisson, ITC Hotels, AIIMS, Lilavati Hospital and Bombay Hospital. Over the next five years, the company plans to expand its network to more than 500 on-premise laundry facilities across the hospitality and healthcare sectors. It also intends to enter international markets in Southeast Asia and the Middle East. In Fenruary last year, Quick CleanraisedRs 50 crore ($5.7 million) in a Series A funding round co-led by Alkemi Growth Capital and Blue Ashva Capital. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
