UClean Raises Another Pre Series A Round of Rs 4 Cr
Announced the launch of its first UClean Select – Dry cleaning outlet
UClean, India’s largest integrated laundry and cleaning solutions company announced its second round of pre-series A funding of INR 4 Crores from a US-based angel investor, Anubhav Chopra. As part of the deal, Anubhav has also invested in setting up the first ever “UClean Select” studio. UClean Select is the ‘full stack live dry cleaning’ offering from the UClean stable which offers premium dry cleaning and maintenance services for delicate and ornamental clothes and leather-based premium products like bags. The first ever UClean Select studio has come up in the posh Defence Colony area of Delhi and marks the entry of UClean in the niche dry clean segment.UCleanalso launched its Android and iOS apps for convenience of last minute bookings and quick doorstep services. Brand ambassadors and UClean strategic partners Soha Ali Khan & Kunal Khemu inaugurated their first UClean Select studio.
UClean was incubated in October 2016 by initial seed investment from Franchise India and Mumbai based investor Rajiv Jalan, andcontinues to grow very aggressively through the franchising route.
Mr. Arunabh Sinha, UClean, Founder and CEO said, “We are pleased to have closed oursecond round of funding fromAnubhav Chopra and this funding will hold us in good stead while we continue to grow aggressively. We have received overwhelming response from our customers in various cities since we incepted our company in October 2016. The idea has always been to build UClean as a hyperlocal neighbourhood concept, powered in the front end by technology. We are proud to introduce Android and iOS apps for our services for our end-users. The apps help the customers avail pick & drop services from the comfort of their homes just through the click of a button”
He further added, “At UClean, it is endeavour to cater to all the cleaning requirements inside a householdand are delighted to launch ‘UClean Select’, our firstever ‘Full stack Live Dry Cleaningstudio’ that will offer premium cleaning services to the discerning customers. We would be building UClean Select on the lines of UClean through the franchise route and would be targeting around 50 franchises of UClean Select by 2020.”
Mr. Anubhav Chopra, Angel investor and Founder, Thinking Deals said, “India with its 1.2 billion plus population is a huge market for the cleaning business. One thing that you have in abundance in India is dirt. UClean has tapped this market at an opportune time and I am confident that this will grow to greater heights in the time to come.” Anubhav has previously invested about USD 1 Million on various fintech companies that have been powered by blockchain. This is his first investment in the offline brick & mortar space and he was specially attracted by the fascinating growth shown by the brand in such a short time!
Mr. Gaurav Marya, Chairman, Franchise India said,” We are happy to be a part of UClean’s success story PAN India and the brand continues to delight customers with their excellent services. Laundry has always been a necessity and a time consuming chore. We estimate that by end of 2020 more than 3 million Indian households will need outsourced laundry and cleaning services due to time crunch and rising disposable income. Urban class can avail this Do-It-Yourself opportunity with the increase of smartphone penetration. We would continue working with UClean on their aggressive scale up plan.”
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