Hotline: 1800 102 2007
X
Search Business Opportunities
Apr, 05 2018

Laundry Start-up UClean Secures Rs 4 cr Angel Funding

UClean has partnered US-based Alliance Laundry Systems for equipment, know-how and training.

Tech-enabled laundry start-up UClean has raised Rs 4 crore from angel investor Anubhav Chopra for expansion of its new business vertical 'UClean Select' in India.

The company has forayed into premium dry cleaning service with the launch of its first UClean Select store in Delhi.

UClean founder and CEO Arunabh Sinha, "After expanding aggressively our laundry business in the last 18 months, we are now getting into dry cleaning business. We plan to open 50 UClean Select outlets in tier I cities in India by the year 2020.”

Bollywood actors Soha Ali Khan and Kunal Khemu are UClean's brand ambassadors and strategic partners.

When asked if the celebrity couple has also invested in the company, Khemu said, "No, we haven't. But, we have been associated with the brand since inception and we have seen it expand fast".

Earlier, UClean had secured seed funding from Franchise India and Mumbai-based angel investor Rajiv Jalan.

Anubhav Chopra has also invested in several fintech start-ups in the US and Europe.

The company plans to operate about 300 UClean stores by 2020 as a part of its aggressive strategy to grow its business of laundry services as well. It plans to operate about 300 UClean stores by 2020 in the country.

UClean was founded by IIT Bombay graduate Arunabh Sinha in October 2016. UClean has partnered US-based Alliance Laundry Systems for equipment, know-how, and training.

Comment
image
Related opportunities
  • Sports Equipment Stores
    Headquartered in Chandigarh, Playmart India Pvt. Ltd was founded on..
    Locations looking for expansion Chandigarh
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required 500 - 1000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater chandigarh Chandigarh
  • Others Dealers And Distributors
    About Us: Mad About Dogs (MAD), an ambitious venture of Mad..
    Locations looking for expansion Delhi
    Establishment year 2006
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: DLM WAREHOUSES “Construction & Leasing" Warehouse Leasing : Passiv..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Online Food Ordering Services
    About Us: Food On Way is the FOOD DELIVERY OUTLET (cloud..
    Locations looking for expansion Gujarat
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 30lac - 50lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities