Indian on-demand laundry startup PickMyLaundry acquires OneClickWash

Sainul Abudheen
PickMyLaundry_startup

OneClickWash is a subscription-based laundry and dry clean startups that has the capacity to process 1,000 kgs of clothes per day

PickMyLaundry, an on-demand dry-clean and laundry services platform in India, has acquired OneClickWash, a subscription-based laundry and dry clean startup in an all-cash deal. The size of the deal was not disclosed.

With this acquisition, PickMyLaundry will leverage OneClickWash’s laundry processing unit, team, and tech infrastructure to improve service efficiency. OneClickWash’s unit has the capacity to process 1,000kgs of clothes per day.

The OneClickWash deal has added subscription-based washing and ironing service to PickMyLaundry’s suite of services. Right now, the combined entity will run in a hybrid model.

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Post acquisition, both the brands will continue to run as separate entities.

Gaurav Agrawal, Co-founder and CEO of PickMyLaundry, said: “Being a fast growing company, we are always on the lookout for more laundry startups to augment our supply chain. OneClickWash will help us penetrate deeper within the NCR region, reduce our processing cost and improve customer experience by reducing the turnaround time.”

Founded in May 2015 by IIT graduates Agrawal, Ankur Jain, and Samar Sisodia, PickMyLaundry is currently operational in Gurgaon, Delhi, Noida, and Bangalore. The platform is owned and operated by Delhi-based PML Solutions.

Over the past few months, PickMyLaundry has launched an offline experience store in Gurgaon. The store is equipped with coin-operated washing machines and steam irons. It provides express washing and ironing service and delivers the garments in two hours.

OneClickWash’s Founder Vivek Iyer said: “Over the past two years, we have created a significant footprint for the laundry category in Gurgaon through a robust laundry processing unit aided by tech tools. I am confident that the PickMyLaundry team will leverage the value that we have built to scale across the country. ”

While PickMyLaundry has raised funding from GHV Accelerator and HUL exec Kedar Lele, OneClickWash has previously secured funding from Unitus Seed Fund and other angel investors.

In September last year, Doormint, an online laundry services platform, shut shop exactly a year after it secured VC funding from two leading VCs, due to huge customer acquisition cost and cash burn.

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