- 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.
- To increase operational efficiency and expand market reach, the money will be used for team building, branding, and technological advancements.
- Inflection Point Ventures (IPV) has invested more than INR800 Cr in 210+ firms to far.
9 January 2025, Gurugram 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). The money will support strategic branding initiatives, technological advancements, and hiring personnel to boost market positioning and quicken growth.
With its D2C business model, Revivo is upending the fragmented laundry sector by utilising cutting-edge technology and forming smart alliances with regional service providers. Revivo, which operates in Delhi and Gurgaon, handles more than 5,000 orders per month . oversees 3 lakh clothing items each month while emphasising sustainability by using reused delivery boxes and eco-friendly packaging.
Vikas Agarwal, an IIT-IIM graduate with more than ten years of experience in marketing and company development, and Khushboo Gupta, an FMS alumni with backgrounds in research, analytics, and people management, are co-founders of REVIVO. Together, their vision drives REVIVO’s operational excellence and strategic expansion.
The laundry and dry cleaning sector has long played a significant role in urban culture, according to Mitesh Shah, co-founder of Inflection Point Ventures. Due to their hectic schedules caring for children, elderly parents, spouses, and hard jobs, families frequently have little time for domestic tasks. Realising this, Revivo offers a very affordable laundry, dry cleaning, premium laundry, ironing, carpet and upholstery cleaning, and other services to hundreds of city dwellers from pickup to delivery. We think there is a lot of room for growth in India, where individuals are more motivated than ever to prioritise productivity.
Revivo’s asset-light, technology-driven, and highly scalable business strategy makes it stand out. With the help of more than 15 dependable processing partners and a committed logistics fleet, Revivo guarantees dependable and smooth clothing care services.
“At REVIVO, we are transforming the laundry industry by combining convenience, quality, and eco-conscious practices,” claim Khushboo and Vikas, co-founders of the company. Being the first to offer swift commerce ironing services to accommodate everyday demands, we’ve established a new standard with our turnaround time of six hours. We are dedicated to making daily tasks simpler by utilising unorganised players while maintaining constant quality and on-time delivery.
tasks with dependable, creative solutions. 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 unorganised. Over the next ten years, Revivo wants to gain $1 billion in market share.
Concerning Revivo
Revivo, which was founded by Khushboo and Vikas, is using a Direct-to-Consumer (D2C) business strategy to revolutionise the laundry sector in India. The new business makes use of strategic collaborations to provide sustainable, dependable, and transparent clothing care solutions.