- Revivo is transforming India’s $47.9 billion laundry and dry-cleaning industry with a tech-driven, asset-light D2C model that prioritizes convenience, transparency, and sustainable practices.
- The newly secured funds will be directed toward technology enhancements, branding initiatives, and team expansion to boost operational efficiency and expand market presence.
- Inflection Point Ventures (IPV) has invested over INR 800 crore in more than 210 startups to date.
Gurugram, 9th January 2025 – Revivo, a tech-first laundry and dry-cleaning startup, has raised an undisclosed amount in a Pre-Seed Series A round led by Inflection Point Ventures (IPV). The newly acquired funds will be utilized to enhance technology, bolster strategic branding, and recruit top talent to accelerate the startup’s growth and solidify its market position.
Revivo is transforming the fragmented laundry industry through its direct-to-consumer (D2C) model, utilizing advanced technology and forming strategic partnerships with local service providers. Operating across Gurgaon and Delhi, Revivo processes over 5,000 orders monthly, managing 300,000 garments while maintaining a commitment to sustainability through eco-friendly packaging and reusable delivery boxes.
Co-founded by Khushboo Gupta, an FMS alumna with expertise in research, analytics, and people management, and Vikas Agarwal, an IIT-IIM graduate with extensive experience in marketing and business development, Revivo’s leadership is focused on strategic growth and operational excellence.
Mitesh Shah, Co-Founder of Inflection Point Ventures, remarked: “The laundry and dry-cleaning industry is a crucial aspect of urban culture, providing a necessary service for busy families and professionals. Revivo’s approach to managing laundry and dry cleaning from pickup to delivery at competitive prices has the potential to cater to India’s growing need for productivity and convenience.”
Revivo distinguishes itself with a technology-driven, asset-light, and scalable business model. With over 15 trusted processing partners and a dedicated logistics fleet, the company delivers seamless and reliable garment care services.
Khushboo Gupta and Vikas Agarwal, Co-Founders of Revivo, stated: “At Revivo, we are revolutionizing the laundry industry by integrating convenience, quality, and eco-friendly practices. Our quick commerce ironing service, with a six-hour turnaround, sets a new industry standard. By partnering with unorganized players and ensuring consistent quality and timely delivery, we simplify everyday chores, delivering perfectly laundered garments every time.”
Revivo’s significant achievements include selection for the prestigious Gurukul Accelerator Program, the introduction of an innovative six-hour ironing service, and recognition in Entrepreneur Today’s 35 Under 35 list.
With India’s laundry and dry-cleaning market valued at $47.9 billion and 95% of players operating independently, Revivo aims to capture a $1 billion market share over the next decade, setting a new benchmark for the industry.
